Looks like a seller’s market for homes in Anaheim – Orange County Register

Be prepared to pay up for housing in Anaheim, where the typical buyer pays above what sellers were asking for.

Here are homebuying highlights for Anaheim and Anaheim Hills from ReportsOnHousing for August. This house-hunting data tracks resales of existing detached and attached residences in the community.

Analysis includes August trends based on closed sales: sale counts; average price vs. average list price; high and low price paid in the month; average cost per square foot and average size; plus, based on broker listing networks stats on Sept. 7, the “market time” metric comparing supply of listings to new escrows opened in past 30 days.

In Anaheim …

Sales: 164 sold vs. 132 a year ago.

Average sales price: $559,416 that ranked No. 38 out of 46 Orange County markets tracked and was up 14.2 percent in a year.

Compared to list: Sellers got 102 percent of what they typically asked for — highest sales-price-to-list-price among the 46 markets tracked.

Range: High sale of $4,000,000 vs. the $181,000 low.

Sizing: On average, buyers paid $371 per square foot on a 1,508 square-foot residence. This pricing metric was up 9.4 percent in a year.

Market speed: 53 days, listing to escrow opened vs. 67 days a year ago and 55 days two years ago.

Meanwhile, in Anaheim Hills …

Sales: 63 sold vs. 59 a year ago.

Average sales price: $775,850 that ranked No. 22 out of 46 Orange County markets tracked and was up 15.1 percent in a year.

Compared to list: Sellers got 99 percent of what they typically asked for, ranking No. 14 of the 46 markets.

Range: High sale of $1,850,000 vs. the $332,500 low.

Sizing: On average, buyers paid $343 per square foot on a 2,263 square-foot residence. This pricing metric was up 2.6 percent in a year.

Market speed: 55 days, listing to escrow opened vs. 63 days a year ago and 77 days two years ago.

Compare those patterns to countywide trends …

Sales: 3,110 sold vs. 3,069 a year ago, up 1 percent.

Average sales price: $831,964 — up 5.8 percent in a year.

Compared to list: Sellers got 98.1 percent of what they asked for.

Range: High sale of $21 million vs. $58,500 low.

Sizing: $447 per square foot (on a 1,863 square-foot residence), up 5.6 percent in a year.

Market speed: 64 days vs. 78 a year ago and 80 two years ago.

CHECK OUT Jon Lansner’s daily economic-number-to-watch at http://facebook.com/econopuppy

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