Lemon Hills
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 gone by without any sales. 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, where the average days to sell a house are 15. Sales for the last six months at Lemon Hills have averaged 55 days on the market before entering escrow, which is much longer than the city average of 15 days.
Overall, Lemon Hills is doing very well. The price increase is due to the high demand for this area, which has always been strong and is expected to remain strong due to 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. 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 the sales in Lemon Hills for the last six months that were used for analysis.
The table below shows 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 your own.
