Anaheim/Garden Grove CA Market Trends – Residential Income Properties
Anaheim: For month ending November 2009, a total of 3 properties were sold in the city of Anaheim. These were 2 -4 units, ranging from 230k to 627k. There are currently 62 Residential Income properties Active on the market and 29 with a Pending Status.
Garden Grove: For November 2009, a total of 7 properties were Sold in the city of Garden Grove. These were 2 to 16 units, ranging in price from 400k to 1.575M. There are currently 17 Residential Income properties Active on the market and 6 with a Pending Status.
It appears that units that are priced right are moving along just fine. As investors are creeping back in or those who are performing 1031 exchanges, the Residential Income properties are starting to see activity.
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