subject: Anaheim Homes Market Comparison Report (february 2009 Vs. February 2010) [print this page] We analyze several housing market indicators in order to present an in-depth breakdown of Anaheim Homes Market.This report analyzes February data comparing February 2009 to February 2010.
Summary of Key Points
Key Statistics, Anaheim, CA: Median Sales Price (9.92%), Median Days on Market (101.52%), and Number of Units Sold (-24.43%), Sales Price to List Price Ratio (Feb 09 95% - Feb 10 98%)
Although Median Sales price has gone up for Anaheim, CA, it is likely that the increase has had the unintended effect of doubling median days on market.The amount of units sold dropped by almost 25%.
Anaheim Homes
The city of Anaheim experienced a 9.92% increase in median sales price from last year going up from $328,698 (Feb. 09) to $361,317 (Feb. 2010). Median days on market data for Anaheim shows that houses are selling slower than Feb 09. It took 33 days in Feb 09 for a house to sell and for Feb 10 that number has gone up to 66 days (a 101.52% deterioration). Another important factor to consider is total number of units sold. In the month of Feb 09, 131 units were sold compared to 99 for Feb 10 (-24.43% change). Lastly we are going to take a look at the Sales Price to List Price Ratio for Anaheim. SP/LP ratio for Feb 09 was 95% compared to 98% for Feb 10.
Lets take a brief look at neighbors Fullerton and Yorba Linda. Fullerton Homes featured a 23.01% increase in median sales price ($412,277 Feb 09 - $507,129 Feb 10) and Yorba Linda Homes saw a 18.48% increase ($664,382 Feb 09 - $787,157 Feb 10). Are houses in Fullerton and Yorba Linda selling faster or slower this year? Well, Fullerton experienced a 23.47% increase (48 to 60 days) in median days on market and Yorba Linda saw a 67.86% increase (56 to 95 days). In the units sold category, Fullerton sold 19 units less (-31.67%) in Feb 2010 than 09 and Yorba Linda sold 11 units more (35.48%) in Feb 2010 than Feb 09.
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