The Yorba Linda real estate market
continues to move toward a more stable market as inventory of homes for sale has continued to decline for the third streight month.  Home purchases in Yorba Linda were up for the first time in 26 months due to home prices becoming more affordable again.  Recent corrections in the Yorba Linda real estate market have take a toll on sellers who had been holding out for higher prices but have finally given in the the reality of today's market.

Yorba Linda homes for sale
at the peak provided a 24 month supply of homes.  In recent weeks, the supply of homes for sale in Yorba Linda has dropped to a more reasonable 6-8 month supply.

Open Houses in Yorba Linda
have been very busy with buyers looking to take advantage of current real estate market conditions.  One Eastlake Village open house drew over 25 buyers and resulted in a full price sale.