In the month of January there were 220 homes and condos actively for sale. Of these active listings, 49 were short sales. A total of 44 actually closed as of January 31st. Of the 44 closed sales, 7 were bank owned (REO) properties. In addition, 9 homes and condos went pending. There were also 3 Notice of Defaults in Yorba Linda. The average sold price for this period was $610,089. This represents a 3.9% increase over the same period last year. The average time on the market last month was 103 days, almost 2% shorter then in January 2011.