31 May 2010

If you live in Souther Cal now, you probably know La Mirada is a well established community of most single family homes, sprinkled in with a few condo developments. Although the area has long-been considered very stable, the city has seen a number for foreclosures and short sales.

Here’s the scoop on the short sale and bank repo market in La Mirada, CA:

Located in Eastern Los Angeles County adjacent to Orange Co. on the East, La Mirada is a great place to call home.

  • The active numbers of single family homes on the market in May 2010 is 75.
  • Of those single family homes 41%  are identified as a foreclosure, in loan default or a short sale property.
  • Prices range from $285,000 to $650,000.
  • Average days on the market is 66.
  • The average is 3.5 bedrooms, with an average 1,600 square feet.

When it comes to townhomes/condos the La Mirada market is much smaller.

  •  The active number of condos/townhomescurrently for sale in La Mirada is 14.
  • Of those 71% (10) are either in foreclosure, bank owned or are short sales.
  • Prices for condos in La Mirada range from $120,000 to $379,000.
  • Average days on the market is 58
  • The average 2 bedroom condo is 1,044 square feet.

Located in Eastern Los Angeles County adjacent to Orange Co. on the East, La Mirada is a great place to call home. Want help with La Mirada real estate? Contact me directly!

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About the Author


I maintains an active residential re-sale brokerage in Brea, CA, located in Orange County, about 20 minutes north of Disneyland. Contact Lynda directly at (714) 595-1494, or Lynda@PreferredHomeBrokers.com – CA License #00402040

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