Every two weeks, Orange County broker Steve Thomas publishes a report on the supply of local homes for sale. Here’s what the latest report — as of May 12 — has to say about Anaheim …

• 601 residences listed in brokers’ MLS system with 196 new deals opening in the past 30 days.
• By Thomas’s math, this community has a “market time” (months in would take to sell all inventory at current pace of new escrows) of 3.07 months vs. 3.33 months found two weeks earlier vs. 1.69 months seen a year earlier. Countywide, latest market time was 3.68 months vs. 2.53 months a year ago.
• Of the homes listed for sale in this community, 350 were either foreclosures being resold or short sales, where sellers owe more than the home’s value. So distressed properties were 58.2% of supply of homes for sale vs. 33.9% countywide.
• Homes for sale in Anaheim represent 5.4% of Orange County inventory — and 9.2% of distressed homes for sale. New escrows here are 6.4% of all Orange County’s new pending sales.

For Anaheim Hills …

• 199 residences listed in brokers’ MLS system with 56 new deals opening in the past 30 days.
• By Thomas’s math, this community has a “market time” (months in would take to sell all inventory at current pace of new escrows) of 3.55 months vs. 2.88 months found two weeks earlier vs. 2.03 months seen a year earlier. Countywide, latest market time was 3.68 months vs. 2.53 months a year ago.
• Of the homes listed for sale in this community, 64 were either foreclosures being resold or short sales, where sellers owe more than the home’s value. So distressed properties were 32.2% of supply of homes for sale vs. 33.9% countywide.
• Homes for sale in Anaheim Hills represent 1.8% of Orange County inventory — and 1.7% of distressed homes for sale. New escrows here are 1.8% of all Orange County’s new pending sales.

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