Homes enters escrow with nearly $1.8 million sales tag

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

There are 82 available properties in Yorba Linda. There were 12 new escrows last week of which four homes were listed for $1.25million and above. The average time on market was 31 days. There are no bank owned properties currently listed.


Properties available: 82

Condominiums: 9

Houses: 73

Short sales: 6

REOs: 0

Median condo price: $543,888

Median price of house in 92886 area: $898,000

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

Average days on market: 55

Condos: One of the lease expensive condos features 2 bedrooms, 2 bathrooms, 1,400 interior square feet and 2 carport spaces. This ground-level condo is located in “The Hills” and is listed for $335,000.

Houses: One of the least expensive homes in the 92887 area features 2 bedrooms, 2 bathrooms, 1,529 interior square feet and a 6,720-square-foot lot. This single-level home is listed under short sale terms for $425,000.

Price range of available properties:

Up to $499,999: 5

$500,000 – $749,999: 24

$750,000 – $999,999: 26

$1,000,000 – $1,499,999: 17

$1,500,000 – $1,999,999: 5

$2,000,000 and up: 5

Properties put into escrow last week: 12

List price range: $325,000 – $1,750,000

Description: 2 condos, 10 houses

Average days on market: 31

Most expensive properties: One of the most expensive properties put into escrow features 5 bedrooms, 5.5 bathrooms, 5,009 interior square feet on an 18,415-square-foot lot and a pool and view. This Covington Heights home is listed for $1,750,000. 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.