November 26, 2018

October 2018 Yorba Linda Market Conditions

By Brian Shuhaibar

In October Yorba Linda was able to enjoy a few more listings than in October 2017. The market has softened a bit year-over-year, which given the uptick in interest rates is not too surprising. 

Here is the current information for Single Family Homes and Condominiums for October 2018 in Yorba Linda:

New Single Family Home Listings: 85

New Condo Listings: 29

Single Family Pending Sales: 24

Condo Pending Sales: 8

Closed Single Family Sales: 67

Closed Condo Sales: 20

Days on Market Until Sale for Single Family Homes: 48

Days on Market Until Sale for Condominiums: 32

Median Single Family Sales Price*: $950,000

Median Condominium Sales Price*: $496,500 

Average Single Family Home Sales Price*: $1,051,374

Average Condominium Home Sales Price*: $570,525

Percent of Original List Price Received for Single Family Homes*: 95.3%

Percent of Original List Price Received for Condos*:98.6%

Inventory of Single Family Homes for Sale: 258

Inventory of Condominiums for Sale: 48

Months Supply of Single Family Home Inventory: 4.5

Months Supply of Condo Inventory: 3

* Doesn't account for seller concessions and/or down payment assistance. Also activity for one month can sometimes look extreme due to small sample size.

All information is deemed accurate but not guaranteed and is based of off data found in the CRMLS. License #01980755.

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