Yorba Linda homes are moving faster

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

Properties are selling faster than last year in Yorba Linda. There are currently 82 active properties that have been on the market an average of 58 days. This time last year, there were 202 properties that were on the market for 100 days.


Properties available: 82

Condominiums: 14

Houses: 68

Short sales: 4

REOs: 1

Median condo price: $543,888

Median price of house in 92886 area: $929,000

Median price of house in 92887 area: $938,000

Average days on market: 58

Condos: The median-priced condo features 2 bedrooms, 2.5 bathrooms, 1,500 interior square feet and association dues of $315 per month. This 2-story condo is listed for $543,888.

Houses: The median-priced home in the 92886 area features 4 bedrooms, 2.5 bathrooms, 3,221 interior square feet, 9,020 square foot lot and a pool and spa. This home is listed for $929,000.

Price range of available properties:

Up to $499,999: 8

$500,000 – $749,999: 26

$750,000 – $999,999: 20

$1,000,000 – $1,499,999: 16

$1,500,000 – $1,999,999: 6

$2,000,000 and up: 6

Properties put into escrow last week: 9

List price range: $215,000 – $1,550,000

Description: 2 condos, 7 houses

Average days on market: 29

Features of the most expensive property put into escrow: One of the most expensive properties put into escrow features 5 bedrooms, 5.5 bathrooms, 5,300 interior square feet on a 12,430-square-foot lot and a pool and spa. This home is listed for $1,550,000. The actual sales price cannot be disclosed until after the property closes escrow.

Steve Vartanian and Terry Short are Realtors with First Team Real Estate. You may contact them at 714-390-0671, email vartanian1@aol.com or visit their website at www.gotosteveandterry.com.