One analysis of real estate for sale in Anaheim shows the market lethargic in its last tabulation.

Every two weeks, Steve Thomas of ReportsOnHousing.com publishes a study of the supply of local homes for sale. Here’s what the latest report — as of December 22 — details about Anaheim …

• 502 residences listed in brokers’ MLS system with 144 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 3.49 months vs. 3.23 months found two weeks earlier vs. 4.34 months seen a year earlier. Countywide, latest market time was 3.41 months vs. 4.64 months a year ago.
• So, homes in this community sell — in theory — in 2% more time than the countywide pace.
• Of the homes listed for sale in this community, 310 were either foreclosures being resold or short sales, where sellers owe more than the home’s value. So distressed properties were 61.8% of supply of homes for sale vs. 37.9% countywide.
• Homes for sale in Anaheim represent 6.0% of Orange County inventory — and 9.8% of all the distressed homes listed for sale in Orange County. New escrows here are 5.9% of all Orange County’s new pending sales.

For Anaheim Hills …

• 149 residences listed in brokers’ MLS system with 36 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 4.14 months vs. 3.15 months found two weeks earlier vs. 5.15 months seen a year earlier. Countywide, latest market time was 3.41 months vs. 4.64 months a year ago.
• Of the homes listed for sale in this community, 53 were either foreclosures being resold or short sales, where sellers owe more than the home’s value. So distressed properties were 35.6% of supply of homes for sale vs. 37.9% countywide.
• Homes for sale in Anaheim Hills represent 1.8% of Orange County inventory — and 1.7% of all the distressed homes listed for sale in Orange County. New escrows here are 1.5% of all Orange County’s new pending sales.

Compare these trends to countywide patterns:

• Cities with highest level of distressed properties among their listings? Portola Hills was tops — 73.3% — followed by Ladera Ranch at 68.8% of listings and Rancho Santa Margarita at 64.9% of listings.
• Fewest? Corona Del Mar was tops — 4.3% — followed by Seal Beach at 4.6% of listings and Laguna Woods at 8.7% 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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