La Mirada Real Estate Market Price Trends Foster Rd West of Ocaso Area
Once a month, I will update you on how Real Estate prices are trending in the different neighborhoods.
Foster Rd West of Ocaso Area
The Foster Rd West of Ocaso Area has seen a nice price increase of $114,000 in the last six months. The area has averaged 0.3 sales per month for a monthly price average of $1,188,000. The lowest monthly average price of the last six months was $975,000, and the highest monthly average price of the last six months was $1,400,000. Homes are still selling quickly. Sales for the last six months have averaged twelve days on the market to get into escrow.
Foster Rd West of Ocaso Area 6 Month Averages compared to the 12 Month averages.
Six Months Twelve Months
Average price per month $1,188,000 $1,074,000
Average sales per Month 0.3 0.6
Average days for a property to sell 12 18
Overall, the Foster Rd West of Ocaso Area is doing very well. The demand for this area has always been strong. It will stay strong because of the neighborhood’s proximity to Reginal Park, Biola University, several churches, the golf course, Benton Middle School, and La Mirada High School.
Call or email me if you are considering selling and want to know what your home would sell for in today’s market. I will send you a detailed Market Analysis of your home and information on a marketing plan to sell your home for top dollar.
City of La Mirada
In the last six months, the City of La Mirada averaged 20.3 sales per month. These sales had an average monthly price range of $934,000 to $1,008,000, with an average price of $956,000. The average number of days it took to sell was 17.
When we compare the six-month monthly average price of $956,000 to the twelve-month monthly average price of $944,000, we can see that prices have increased by $12,000.
Overall, the City of La Mirada is doing very well. The demand for this area has always been strong and will stay strong because of the family atmosphere that the city has always promoted. For a small city, La Mirada has diverse opportunities for all ages. To name a few of these opportunities: Good Schools, Diverse Churches, a Golf Course, a wide variety of Sports and Recreation facilities, a world-class Regional Park, and Senior Services.
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