21 Jan 2008

La Mirada Real Estate Update | December 2007 & Year End Update

4 Comments

La Mirada, California 90638 ~ Residential Real estate market update for December 2007 

December was an active month for real estate in La Mirada in eastern L.A. County. 

The real estate market report for 12/07:

Single Family homes range from $385,000 to $1,350,000. However only 4 homes in  La Mirada are priced over $1,000,000.

  • 195 re-sale homes for sale in the city, down from 216/213/216/196 prior months in chronological order.
  • 10 pending sales (in escrow) up from 6/15/9/1 5/17/ prior months in order.
  • 19 homes closed also up in December compared to 12/10/ 9/15/16 prior months in order.
  • 36 homes off/ market, listings either expired, withdrawn or cancelled, fewer than prior months as compared to 46/40/36/39/  prior months in order.

Condo prices ranged from $199,000 to $519,000.

  • 30 condo/town-homes for sale in Dec., fewer than 35/48/47/40/40 respectively in prior months.
  • 4 pending sales, (in escrow) compared to 4/2/1/ 0/5/7/ for prior months.
  • 5 properties closed escrow, compared to 2/ 1/1/15/15  prior months.

 

  • Dec. Closings 2007 Single Family ~ 19 Properties Found
  • Dec. Closings 2006Single Family ~5 Properties Found
  • Dec. 2007  Closings – Condos – 5 Properties Found
  • Dec. 2007  Closings – Condos – 5 Properties Found
  • Dec. 2007  Closings – Condos – 5 Properties Found
  • Dec. 2006 Closings Condos – 7 Properties Found
  • Dec. 2006 Closings Condos – 7 Properties Found
  • 2007 ~ Combined Closings ~ Single Family & Condos ~ 324 Properties
  • Dec 2006 ~ Combined Closings ~ Single Family & and Condos ~ 415 Properties

  If you lived in La Mirada you would most likely be one of approximately 50,000 residents and you would be:

  • 27 miles to LAX ~ Los Angeles International Airport
  • 23 miles to John Wayne Airport 36 miles to
  • Ontario International Airport
  • 10.5 miles to Disneyland the  “Happiest Place on Earth”

La Mirada is a  community known for many things, some of which are nice homes on beautiful tree-lined streets. It’s been one of my favorites since very early in my real estate career. The city is also known for Biola College and the famous La Mirada Theater. The newest attraction just opened, SPLASH” the acquatics park, this is an amazing place,  great for everyone. It’s located on 18 acres of the La Mirada Regional Park. Personally, I’m a huge fan of parks, and I think La Mirada Regional  is one of the best in Southern California, (it’s one of my personal favorites) best of all, it’s free of charge.

If you’re interested in learning more about real estate of La Mirada, contact me, Lynda@PreferredHomeBrokers.com or take a look at  my Living In La Mirada to see why  La Mirada was also ranked as ‘One of the best places to live in 2007″ Money Magazine.

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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

4 Responses to La Mirada Real Estate Update | December 2007 & Year End Update
  1. Hi Lynda, interesting market report and sounds like an excellent location! If we ever hit Disneyland I’ll give you a call. 🙂

    I bet the residents love being so close to the airport!

  2. Lynda,

    You are a wonderful source of local real estate information. The residents (and future residents!) of La Mirada are lucky they can count on you.

    Maggie Dokic

  3. Hey Stephanie,
    Thanks so much. If you’ve EVER within the vicinity of Disneyland, I’d love to meet you!

    BTW, I always use the Disneyland reference to place my community on the map. We have so many cities here that run into each other it’s difficult to figure out. Therefore, it’s easier to explain my area if service is about 45 minutes surrounding the park.

  4. Hi Maggie,
    So good to hear from the number one Real Estate professional in Miami Redlands.


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