La Mirada Real Estate Market Price Trends Lemon Hills

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

Report 1 will cover monthly 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 $1,319,000, compared with $1,023,000 for the six months before that. This gives the Lemon Hills Area an average monthly price increase of $116,000 over the last six months. As you can see from the map below, there haven’t been many sales, and several months have passed without any. Because of this, we can have wide swings in monthly prices. Overall prices have remained relatively stable over the last six months. The lowest monthly average over the last six months was $940,000, and the highest monthly average was $1,250,000.

With so few houses selling in Lemon Hills, there just 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 days-to-sale of 17. Sales at Lemon Hills over the last six months have averaged 55 days on the market before entering escrow, which is much longer than the city average of 17 days.   

Overall, Lemon Hills is doing very well. The price increase is due to strong, sustained demand in this area, which is expected to remain strong given the neighborhood's appeal. Family time at Creek Park 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 that were used for analysis.

The table below has the data 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.