We also have over 20 years experience in the counties of: Orange, Los Angeles, Riverside, San Diego, and San Bernardino.

Our Market Anlysis Consist of the following: 

There are few REOs in Huntington Beach. MLS indicates the average house was 2,004 Sqft of living area. Of the 306 similar sales in the past 12 months in Huntington Beach 25 were REO sales (8.1%) and 57 were short sales (20%). Cencus.gov states there are a total of 78,094 housing units in Huntington Beach and 663 (.8%) of the properties are in default and 212 (.3%) are REOs. Census.gov indicates 36% of the properties in Huntington Beach are tenant occupied. These trends are superior to most housing trends in Southern Calif. in the current market conditions.

The overall market conditions are therefore average although superior to most areas in Southern Calif. Orange County has experienced downward turns in property values especially among new home buyers and borrowers with "exotic" and "toxic" loans. The declines are primarily due to REOs and short sales to these borrowers, unemployment concerns, and overall market declines. Data Quick states an overall 5.5% decrease in the median values from year to date in Huntington Beach. See the chart on the trends tab of overall values and number of sales for the past 5 years.

• Call us at 714-378-5390  
• Fax us at 714-378-5390
• E mail us at Paul@AppraisalSoCal.net
• Click "client login" and create a password

Myers Appraisal Service

Paul Myers

714-378-5390

Paul@AppraisalSoCal.net