BREA, PLACENTIA, YORBA LINDA and ANAHEIM HILLS...Which city wins the "Best Ratio for Homes in Escrow" Contest?
As of May 10th, 2010... How many homes are actually on the market in Placentia, Yorba Linda, Anaheim Hills and Brea? (When I say homes, I'm referring to detached single family residences, or SFR's).
Here's the breakdown...you may be a little surprised at the ratios:
PLACENTIA (A Pleasant Place to Live)
125 TOTAL homes on the market
75 of these are ACTIVE and
50 are IN ESCROW
For you statisticians out there, that's 40% of all single family homes on the market in Placentia are currently IN ESCROW. That's really a very high percentage.
YORBA LINDA (The Land of Gracious Living)
372 TOTAL homes on the market
234 of these are ACTIVE and
138 are IN ESCROW
The ratio? That's 37% of all the homes on the market are in escrow. Again, not bad, considering it was 12% back in 2007.
BREA
110 TOTAL homes on the market
63 of these are ACTIVE and
47 are IN ESCROW
The ratio for Brea? 43% of the homes on the market are in escrow. The highest percentage out of Placentia, Yorba Linda and Brea, but not by much.
ANAHEIM HILLS
189 TOTAL homes on the market
118 of these are ACTIVE and
71 are IN ESCROW
Drum roll please.....38% of all Anaheim Hills detached SFR's are in escrow as of today. So, the city rankings: #1 Brea, #2 Placentia, #3 Anaheim Hills and #4 Yorba Linda.
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