Originally posted at: http://www.firstteam.com/blog/top-10-sellers-markets-in-orange-county-ca/
In a seller’s market homes sell quickly at a good price equal with home values and it’s the average Days on Market or DOM that the real estate world uses measures how quickly a home sells. Days on Market is the time period between when a property is first listed on the MLS and when that property is sold. The average Days on Market for Orange County is 61 days. Based on city specific DOM, sold prices and square footage prices, we’ve found the Top 10 sellers markets in Orange County.
Although they are “sellers” markets, each city on our list represents a good market for both buyers and sellers. Great for sellers because homes are in high demand and selling quickly and obviously desirable because buyers have been snatching up this real estate!
1. Seal Beach – Sitting on the boarder of Orange County and Long Beach, this beach community is home to the second largest wooden pier in California. Seal Beach is known for its charming small town atmosphere, the 920 acres of national wildlife refuge and the Seal Beach Naval Weapons Station. Residents and visitors love Seal Beach for its temperate coastal weather and laid back atmosphere making it popular with retirees.
DOM: 26
Ave. Sold Price: $301,000
Ave. Square Footage Price: $279.9
View Seal Beach homes for sale
For more information, contact our Seal Beach – Rossmoor Office
2. La Palma – Located in Northern Orange County, La Palma was ranked by CNN’s Money magazine as the 31st “Best place to live” among small cities in the US. High school ratings, low crime-rate and the lowest police response time in all of Orange County are just a few of the reasons La Palma is such a great place to live – and family friendly of course. Here residents enjoy palm trees, easy beach access and a great small town feel.
DOM: 39
Ave. Sold Price: $561,000
Ave. Square Footage Price: $279.5
For more information, contact our Long Beach Office
3. La Habra – La Habra boarders on the suburbs of Los Angeles and its sister city La Habra Heights is part of LA County. This quiet community has a Children’s Museum, Tennis Center and several city parks for residents to enjoy. Proximity to Los Angeles and beautiful surrounding hills make La Habra real estate popular with buyers and easy to sell.
DOM: 43
Ave. Sold Price: $388,000
Ave. Square Footage Price: $278.3
For more information, contact our Fullerton Office
4. Los Alamitos – Los Alamitos is an ethnically diverse and well educated city, 31% of residents holding a bachelor’s degree and 17% with some kind of graduate degree. It’s no surprise then that this affluent community’s residents have an average annual income of $122,460. The town’s notable attractions include the Los Alamitos Race Course (technically in neighboring city Cypress) where spectators can enjoy thoroughbred and quarter horse racing.
DOM: 45
Ave. Sold Price: $619,000
Ave. Square Footage Price: $345.8
View Los Alamitos homes for sale
For more information, contact our Seal Beach - Rossmoor Office
5. Westminster – This culture rich community lies between Huntington Beach and Garden Grove, bordering on Seal Beach and Santa Ana. Home of Little Saigon, Westminster predominantly Asian population (47.5%) is due to the large number of Vietnamese refugees come to Westminster in the 1970s and 80s. The city even has its own Vietnam War Memorial finished in 2003 to commemorate all who were involved in the conflict. Now a bustling city in Orange County, Westminster offers great retail shopping and a strong school district.
DOM: 45
Ave. Sold Price: $496,000
Ave. Square Footage Price: $ 307.9
View Westminster homes for sale
For more information, contact our Huntington Beach - North Office
6. Garden Grove – Full of rich history and great architecture, Garden Grove is well known for its small downtown area and central location in Orange County. The historic downtown has the largest antique mall in Orange County, great restaurants and a Farmer’s Market every weekend. This city also contains more churches than any other city in California per capita, including the world famous Crystal Cathedral.
DOM: 45
Ave. Sold Price: $416,000
Ave. Square Footage Price: $291.1
View Garden Grove homes for sale
For more information, contact our Huntington Beach - North Office
7. Laguna Hills – Rich in natural beauty and design, Laguna Hills is a great place to explore unique landscape that Southern California has to offer. Must visit parks in town include Fossil Reef Park which was once a tropical shell reef and Costeau Park which has some fossils as well dating back to the Ice Age. Great location near great hiking trails in Laguna Canyon and beach fun in Laguna Beach.
DOM: 48
Ave. Sold Price: $508,000
Ave. Square Footage Price: $301.9
View Laguna Hills homes for sale
For more information, contact our Laguna Niguel Office
8. Lake Forest – Lake Forest is one of the top sellers markets in Orange County because of its prime location in the center of South Orange County, adjacent to the merger of the 405 and 5 freeways. The small community feel and well-planned neighborhoods make Lake Forest a popular city for families to settle and call home.
DOM: 48
Ave. Sold Price: $480,000
Ave. Square Footage Price: $314.4
View Lake Forest homes for sale
For more information, contact our Irvine Office
9. Brea – Brea, CA is truly a City of Art featuring a performing arts theatre, nationally recognized art gallery and art throughout the city in a Art in Public Places program. With over 150 sculptures on display in just 12 square miles, simply driving through town is like visiting an art gallery. The city also offers a wide variety of retail shopping at the large Brea Mall and redeveloped Brea Downtown.
DOM: 52
Ave. Sold Price: $595,000
Ave. Square Footage Price: $316.5
View Brea homes for sale
For more information, contact our Whittier Office
10. Buena Park – One of the most fun small towns in America, Buena Park is just minutes away from the Disneyland Resort and houses tons of entertainment itself including Knott’s Berry Farm, Medieval Times Dinner & Tournament and Pirate’s Dinner Adventure. Buena Park is a top seller’s market because city real estate is popular and holds value well with listing prices and square footage prices appreciating from last month and year over year.
DOM: 52
Ave. Sold Price: $446,000
Ave. Square Footage Price: $303.5
View Buena Park homes for sale
For more information, contact our Whittier Office
