Anaheim home market: No. 2 in distressed listings

Posted on by Listify Me

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 Jun 9 — has to say about Anaheim …

  • 614 residences listed in brokers’ MLS system with 184 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 3.34 months vs. 2.98 months found two weeks earlier vs. 1.95 months seen a year earlier. Countywide, latest market time was 3.66 months vs. 3.19 months a year ago.
  • Of the homes listed for sale in this community, 370 were either foreclosures being resold or short sales, where sellers owe more than the home’s value. So distressed properties were 60.3% of supply of homes for sale vs. 33.9% countywide.
  • Homes for sale in Anaheim represent 5.4% of Orange County inventory — and 9.6% of distressed homes for sale. New escrows here are 5.9% of all Orange County’s new pending sales.

For Anaheim Hills …


  • 196 residences listed in brokers’ MLS system with 65 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 3.02 months vs. 3.66 months found two weeks earlier vs. 3.12 months seen a year earlier. Countywide, latest market time was 3.66 months vs. 3.19 months a year ago.
  • Of the homes listed for sale in this community, 74 were either foreclosures being resold or short sales, where sellers owe more than the home’s value. So distressed properties were 37.8% of supply of homes for sale vs. 33.9% countywide.
  • Homes for sale in Anaheim Hills represent 1.7% of Orange County inventory — and 1.9% of distressed homes for sale. New escrows here are 2.1% of all Orange County’s new pending sales.

Compare those trends to …

  • Cities with highest level of distressed properties among their listings? Rancho Santa Marg. was tops — 62.2% — followed by Anaheim at 60.3% of listings and Santa Ana at 57.7% of listings.
  • Fewest? Corona Del Mar was tops — 3.8% — followed by Seal Beach at 4.4% of listings and Newport Coast at 7.1% of listings.

    • For more real estate news, CLICK HERE! For ZIP-by-ZIP homebuying trends, CLICK HERE! And for the latest housing foibles of Real Housewives of Orange County cast, CLICK HERE!


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