La Mirada Real Estate Market Price Trends: Green Hills

Twice a month, I will provide you with updates on La Mirada real estate prices and trends

Report 1 will cover monthly neighborhood prices over the last six months.

Report 2 will cover the current trends of the overall La Mirada real estate market.   

Report 1                            

 Green Hills Six-Month Price Summary

The six-month average price for this neighborhood was $986,000, compared with $1,093,000 for the six months before that. This gives Green Hills an average monthly price decrease of $107,000 over the last six months. As you can see from the map below, there haven’t been many sales, and several months have gone by without any sales. The lowest monthly average over the last six months was $900,000, and the highest monthly average was $1,120,000. Even with a $220,000 difference between the high and low prices, overall prices have remained relatively stable over the past six months.  This price difference can be attributed to the difference between a typical home in the neighborhood and one that has added more square feet, a pool, or extensive upgrades.

With so few houses selling in Green Hills, there isn’t enough data to get accurate statistics.  The information here is intended as a guideline.  Many homes in Green Hills have had extensive upgrades and or additions. If you need accurate information on your home, contact me. 

This area has averaged 0.8 sales per month over the last six months. Homes are still selling quickly in La Mirada, with an average of 21 days to sell. For the previous six months, sales in this neighborhood have averaged 17 days on the market before entering escrow.  

Overall, Green Hills is doing very well. There are only a few sales in the Garden Hills every six months. Due to the neighborhood's appeal, demand in this area has always been strong and is expected to remain so. Now that most of the homes have been remodeled, this tract has become similar to a tract of homes in Orange County, but at better prices than you can get in Orange County.

If you would like to see how Green Hills prices compare to the city of La Mirada and the other neighborhoods, you can see this from the section below titled: Green Hills compared to the city of La Mirada and other La Mirada neighborhoods.

If you would like a detailed analysis of your home’s current market value, please call, text, or email me. I will send you a thorough Market Analysis of your home.  This analysis will take into account the condition of your home, its square footage, any improvements, and any special features.

Cell 714 342-7270

Email tysutherland@firstteam.com

Let me build a customized home-selling experience to meet your needs

If you are thinking of selling, I will also send you information on our EXCLUSIVE, INDUSTRY-LEADING Buyer Delivery System. Our Approach Generates Motivated Buyers and Drives Demand for your Home, Resulting in the Quickest Sale at the Highest Price for our Clients. 

A map of current active listings and the sales for Green Hills for the last six months was used for analysis.

The table below lists the prices used in the Green Hills analysis over the past six months.

Green Hills Six-Month Price Graph 

Green Hills compared to the city of La Mirada and other La Mirada neighborhoods.

Here is a way for you to track how the city and your neighborhood have progressed over the last six months and to see how other neighborhoods are progressing compared to yours.

$0 equals a month that had no sales in that month