Here’s a quick Anaheim real estate market update. I added a listing to the Multiple Listing Service yesterday on Radcliffe and in less than 24 hours have multiple showings with offers coming in above the list price. The lack of inventory in this price range is making this home sought after by buyers trying to find a home before the end of summer. The home is located in the Placentia – Yorba Linda School District, which makes it more appealing to families looking for a budget friendly home with great schools. My phone didn’t stop ringing last night until after 9:30 and I woke up to a slew of emails from agents inquiring about writing the “right” offer. In summary, appealing homes in Anaheim priced under $400,000 are in an EXTREME sellers market. This is defined by multiple offers and bidding wars and well qualified buyers willing to pay more than the seller is asking for the home. It’s a great time to sell in Anaheim!

Here’s more about the listing on Radcliffe.

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Date last updated: 5/19/13 4:19 AM PDT

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