Condos sold in 2022: 20 Average days on market in 2022: 15 YTD condo sales in 2023: 17 Average days on market in 2023: 23 Unlike the rest of the market including condo sales in Anaheim, … [Read More...]
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-Joe S.
Market Updates and More

Higher rates means LOWER supply? Domain October Update
Let's see what's happening in the local Anaheim market for condos. Rates went even higher in September resulting in much lower pending sales and less new listings hitting the market. As you … [Read More...]

How long will this last? September 2023 Domain Update
If high interest rates remain high in the long term (which is very possible especially if we don't have another recession), we might remain in this low activity market for quite sometime. When using … [Read More...]

High rates, low inventory the new normal? Stadium Lofts September 2023 Update
Watch my latest Mid Rise update below where I provide information for landlords on overall rents for condos and townhomes along with some perspective on the Anaheim condo … [Read More...]

New listings at the lowest levels since listing data was tracked – August Midrise Update
"New listings" is the number of listings entered on the market for sale during a given period. If I were to plot what they are each month, it really wouldn't represent how few sellers are deciding to … [Read More...]

Stadium Lofts July 2023 Update
There is currently 1 listing for sale and 2 pending sales: a 4th floor 1 bedroom unit, and a 1st floor, 2 bedroom unit. Just sold: a 1st floor 1 bedroom unit, The most recent sale and in escrow … [Read More...]

The Domain in Downtown Anaheim sees 2 quick sales after a slow start
After 2 slow sales of 27 and 54 days started to concern some that a slowdown was here, more recent sales show that the market has swung back to a hard sellers market. While showing activity is nowhere … [Read More...]

For Lease: St Regis in Downtown Long Beach
Located in the highly desired St. Regis building in Downtown Long Beach, this unit for lease is offered for $2,000 a month. 1 Bedroom | 1 Bath Upgraded kitchen and bath Hard surfaced floors … [Read More...]

Harbor Lofts Update – Cash no longer king?
After starting 2022 with mostly cash deals, Harbor Lofts has made a drastic change in the last 11 months: January to May 2022 (initial stages of litigation being disclosed to buyers) Number of cash … [Read More...]

Prices going back up? Chapman Commons has 9 closed sales YTD in 2023
Most buyers ask "are prices going down?" They're in for a shock when they realize that prices already went down and the worst months for sellers nearby were between December to February. I had a few … [Read More...]