We’ve been talking about the change in the market regarding the number of homes for sale or, the “inventory”. This week we’re going to keep it simple.

We pulled numbers from the same time last year and are including the number so you can get an idea of where we were and where we are.

Last year, the total number of “properties available” (homes for sale) in Brea was 81 and in La Habra it was 192. Just compare that with the numbers below. If you’ve ever thought of selling your home, now would be a great time.

The following update on local real estate information is based on Multiple Listing Service data as of Friday.

BREA

Properties available: 70

Condominiums: 14

Houses: 56

Short Sales and REOs: 27

Average condo price: $314,978

Average house price: $664,442

Average time on the market: 100 days for condos; 61 days for houses

Available properties by price range:

Under $399,999: 19

$400,000 – $699,999: 37

$700,000 – $999,999: 10

$1,000,000-$1,999,999: 3

$2,000,000 and over: 1

Properties available by ZIP Code:

92821 – 58

92823 – 12

Escrows opened last week: 4

Least expensive houses: One of the least expensive homes going into escrow features 2 bedrooms, 2 baths, 1,675 square feet and an 8,938-square-foot lot with 2-car attached garage. This home is listed for $458,000. The actual sale price is not disclosed by the MLS until after the property closes escrow.

Least expensive condos: One of the least expensive condos going into escrow is new construction and features 3 bedrooms, 3 baths, 1,327 square feet and direct 2-car garage access. This home is listed for $385,000. The actual sale price is not disclosed by the MLS until after the property closes escrow.

Most expensive properties: One of the most expensive homes going into escrow features 3 bedrooms, 2 baths, 1,843 square feet and a 7,112-square-foot lot with 3-car attached garage. This home is listed for $518,000. The actual sale price is not disclosed by the MLS until after the property closes escrow.

Closed escrows: 5 with an average sale price of $323,000 and an average time on the market of 127 days.

LA HABRA

Properties available: 141

Condominiums: 40

Houses: 101

Short Sales and REOs: 77

Average condo price: $152,103

Average house price: $393,220

Average time on the market: 129 days for condos; 102 days for houses

Available properties by price range:

Under $199,999: 35

$200,000 – $399,999: 72

$400,000 – $699,999: 30

$700,000 – $999,999: 3

$1,000,000 over: 1

Escrows opened last week: 15

Least expensive houses: One of the least expensive homes going into escrow features 3 bedrooms, 1 bath with 1,088 square feet and a 6,893-square-foot lot with detached 1-car garage. This home is listed for $239,000. The actual sale price is not disclosed by the MLS until after the property closes escrow.

Least expensive condos: One of the least expensive condos going into escrow features 1 bedroom, 1 bath with 886 square feet and 1-car detached garage. This home is listed for $84,900. The actual sale price is not disclosed by the MLS until after the property closes escrow.

Most expensive properties: One of the most expensive homes going into escrow features 5 bedrooms, 5 baths, 3,500 square feet and a 6,800-square-foot lot with 3-car attached garage and view. This home is listed for $1,050,000. The actual sale price is not disclosed by the MLS until after the property closes escrow.

Closed escrows: 7 with an average sale price of $319,271 and an average time on the market of 107 days.

Dennis Bode is a Realtor with Prudential California Realty. You may contact him at 714-814-1041, e-mail him at Dennis@DennisBode.com or find him online at Blog.DennisBode.com.