Biola Area
La Mirada Real Estate Market Price Trends
Biola Area
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
Biola Area Six-Month Price Summary
The six-month average price for this neighborhood was $893,000, compared with $883,000 for the six months before that. This gives the Biola Area an average monthly price increase of $10,000 over the last six months. As you can see from the graph below, prices in the Biola Area have remained relatively stable over the last six months, except for August, when 2 fixer houses were sold to bring prices down. The lowest monthly average over the last six months was $678,000, and the highest monthly average was $970,000.
From the home data below this write-up, we can also see that several homes sold for over $1 million. This area has averaged 3.7 sales per month over the last six months. Homes are still selling quickly in La Mirada, with an average days-to-sale of 15. Sales in this neighborhood for the last six months have averaged 11 days on the market before entering escrow.
Overall, the Biola Area is doing very well. The demand for this area has always been strong. And will stay strong because faculty and students want to live in the area, allowing them to walk or ride a bike to the University. Families like Garden Hill School, a Blue Ribbon school, and the ability to have some family time at Garden Hill Park.
If you would like to see how the Biola Area prices compare to the city of La Mirada and the other neighborhoods, you can see this from the section below titled: Biola Area 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. 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
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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 listings and sales in the Biola Area over the last six months is used for analysis.
The table below shows the data used for the analysis in the Biola Area over the past six months.
Biola Area Six-Month Price Graph
Biola Area 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 your own
$0 equals a month that had no sales in that month