Orange County Register

The ratio of distressed properties to all homes for sale in Huntington Beach is creeping up.

Nearly a third of homes for sale in the city are foreclosures and short sales, a Realtor’s study shows.

Of 636 active listings, 195 — or 30.7% – are distressed, according to Steve Thomas of Altera Real Estate, whose Orange County Housing Report looks at sales activity by city.

That compares to 28.3% on Oct. 30 and 27.4% earlier that month.

It would take 6.42 months to sell all the homes now on the market in Huntington Beach, the study shows, vs. 9.35 months a year ago, vs. 5.93 months two years ago.

In late October, that number was at 5.91 months.

The average active list price is $917,000. That’s up from $902,000 on Oct. 30.

Read more:

• Land by The Strand for $9.9 mill
• Homebuilding stalls in Surf City
• Priciest Surf City condo has lots of sand — for $1.7 mill
• Is this the time to refinance?
• How far is ‘just steps’ to the beach?
• A house along the wetlands for $1,095,000
• The Surf City “Zippys,” 3Q
• For auction: Steal, deal or ‘get real?’ (New post! 11/25)
• Which Surf City house has more curb appeal?
• A down side to Freddie & Fannie’s holiday gift?
• Measuring demand for real estate in Surf City

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