July 23, 2008
Home Prices Taking a Cut in Huntington Beach
Things continue to look up for those wanting to buy a home. Home prices throughout the nation, California and Orange County continue to be cut. Home prices dropped 7.7% nationally, which took the median home price down to 196,300 according to Cnnmoney.com. Of course this is drastically different from the $818,593 median home price of Huntington Beach. As it has been stated before in my post, a large reason for these sharp declines is foreclosures. This is pretty much a given, but what is not so obvious is the fact that foreclosures have created a huge backlog of inventory, with a record high of 2.9 million unsold homes on the market nationally according to the census bureau. The decrease in home prices in Huntington Beach is certainly a reflection on what is going on in the rest of the country.
19251 Lookout Ln: 4 Beds, 3 Baths, 2,538 SQ. FTThe list price was “$820,000″ and changed to “$799,000″
19164 Chandon Ln: 4 Beds, 5 Baths, 3,215 SQ. FT. The list price was “$1,525,000″ and changed to “$1,495,000″
18900 Delaware St: 1 Bath, 1 Bath, 561 SQ. FT. The list price was “$118,900″ and changed to “$116,900″
9332 Nantucket Dr: 5 Beds, 2 Baths, The list price was “$699,999″ and changed to “$659,900″
19771 Estate Cr: 4 Beds, 5 Baths, $3,500 SQ. FT The list price was “$1,695,000″ and changed to “$1,575,000″
19311 Suray Ln: 2 Beds, 2 Baths, 1,225 SQ. FT. The list price was “$519,900″ and changed to “$499,000″
8152 Mainsail Dr: 1 Bed, 1 Bath, 881 SQ. FT. The list price was “$359,888″ and changed to “$341,888″
19052 Oceanport: 1 Bed, 1 Bath, 725 SQ. FT. The list price was “$295,000″ and changed to “$285,000″
8202 Prestwick Cr: 4 Beds, 3 Baths, 2,494 SQ. FT. The list price was “$769,000″ and changed to “$699,000″
18812 Gregory Ln: 3 Beds, 2 Baths, 1,730 SQ. FT. The list price was “$899,000″ and changed to “$749,000″
1821 Park St: 6 Beds, 5 Baths, 3,500 SQ. FT. The list price was “$1,350,000″ and changed to “$1,299,000″
8432 Danbury Cr: 3 Beds, 2 Baths, 1,549 SQ. FT. The list price was “$730,000″ and changed to “$729,900″
