Real Estate Market Update for 90638 (La Mirada, CA)

Video: Real Estate Community Tour for 90638 (La Mirada, CA)

See Real estate community tour for 90638 (La Mirada, CA)
Welcome to August's Market Update. Let’s take a look at residential real-estate activity in your area during the month of July. The number of active listings was down 21% from one year earlier, and down 22% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was 530-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 46%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was 560-thousand dollars. The number of units sold decreased 31% year-over-year, and decreased 20% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 90638 (La Mirada, CA)
Area Information for 90638 (La Mirada, CA)
  • Population: 50,141
  • Median Age: 38.18 yr
  • Median Commute Time: 28 mins
  • Educational Climate*: 4
  • Sales Tax: 9%
  • Population Density: 6,361/sq mi
  • Population Change Since 2000: 6.15%
  • Closest Airport: Long Beach /daugherty Field/
  • Closest College: Talbot School Of Theology
  • Closest Jr. College: Cypress College
  • Median Household Income: $81,338
  • Annual Residential Turnover: 10%
  • Median Home Sales Price: $470,000
  • Closest Major Sports Team: Los Angeles Angels
  • Change Avg. Household Income Since 2000: 35.4%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 90638 (La Mirada, CA)
Median Age: 38.18 Married: 43% Number of Households: 15,207 Households with Children: 4,775
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 90638 (La Mirada, CA)

      School Name Distance Type Grades School Rating Parent Rating
      La Pluma Elementary School 0.5 mi Public PRESCHOOL-5 4 0
      Escalona Elementary School 0.6 mi Public K-5 4 0
      La Mirada High School 0.6 mi Public 9-12 3 4
      Lighthouse Christian Academy 0.8 mi Catholic 6-12 0 0
      Arlie F. Hutchinson Middle School 0.8 mi Public 6-8 4 0
      Heights Christian Junior High School 0.9 mi Private 5-8 0 0
      Gardenhill Elementary School 0.9 mi Public K-5 4 0
      Eastwood Elementary School 0.9 mi Public K-5 4 0
      Reginald M. Benton Middle School 1.1 mi Public 6-8 3 0
      Beatitudes Of Our Lord Elementary School 1.2 mi Catholic PRESCHOOL-8 0 0
      Los Coyotes Middle School 1.2 mi Public 6-8 3 3
      St. Paul Of The Cross Elementary School 1.3 mi Catholic PRESCHOOL-8 0 0
      La Mirada Heights Christian 1.4 mi Private PRESCHOOL-4 0 0
      John Foster Dulles Elementary School 1.5 mi Public K-5 3 0
      Foster Road Elementary School 1.5 mi Public K-5 3 0
      Foundation Christian School 1.6 mi Private 1-12 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for 90638 (La Mirada, CA)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.