In terms of regional development, the new Yorba Linda Town Center is almost fully built and it is helping to keep entertainment and shopping dollars locally. Yorba Linda is a suburban city in the northeastern Orange County. It has been a while since a larger scale development of this type was introduced to this community.
Local real estate agents are also leveraging that development in their marketing to homebuyers. Builders have been buying up in-fill tracts and new $1,000,000+ homes are dotting the landscape more frequently.
The median home value in Yorba Linda is roughly $845,200 which is ostensibly unchanged (-1.2%) from last year. The number of homes sold last month remained also nearly unchanged from last year at 81 versus 83. The number of homes currently for sale decreased to 73 last month compared to 97 last year, and Average Days on Market increased to 43 this year compared to 29 last year.