La Mirada Real Estate Market Price Trends Lemon Hills

Due to low sales, next month I will start using a 12-month average instead of a 6-month average. This way, I can give you a better idea of this neighborhood’s price trends.

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                              

Lemon Hills Six-Month Price Summary  

The six-month average price for this neighborhood was $1,133,000, compared with $1,099,000 for the six months before that. This gives the Lemon Hills Area an average monthly price increase of $34,000 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 $940,000, and the highest monthly average was $1,225,000. Even with a $285,000 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 Lemon Hills, there isn’t enough data to get accurate statistics.  The information here is intended as a guideline.  If you need accurate information on your home, contact me. 

The area has averaged 0.7 sales per month over the last six months.  Homes are still selling quickly in La Mirada, with an average of 21 days to sell. Sales at Lemon Hills in the past six months have averaged 58 days on the market before entering escrow, much longer than the citywide average.   

Overall, Lemon Hills is doing very well. The price increase is due to the area's strong demand, which has always been high and is expected to remain so given the neighborhood's appeal. Family time at Creek is a big selling point. This tract is 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 Lemon Hills prices compare to the city of La Mirada and the other neighborhoods, you can see this at the conclusion of this report titled: Lemon Hills  comparison 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 detailed Market Analysis of your home that will take into account its condition, square footage, improvements, and 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 in Lemon Hills for the last six months was used for analysis.

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

Lemon Hills Six-Month Price Graph

 Lemon 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