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Centrally located in Orange County, California, Anaheim is the county's second largest city and the state's 10th most populous city. The City of Anaheim covers approximately 50 square miles and boasts a population of more than 350,000. Anaheim expects its population growth to continue for the next several years
due in part to the development of the Platinum Triangle area and Anaheim Hills. The Platinum Triangle, an area surrounding the Honda Center and Angel Stadium of Anaheim, is currently undergoing serious redevelopment. This area is being transformed from an industrial center into an urban environment. Anaheim Hills is a planned community that consists of multiple neighborhoods including Vista Del Sol, Canyon View Estates, Serrano Heights, and Bauer Ranch to name a few.
Centrally located in Orange County, California, Anaheim is the county's second largest city and the state's 10th most populous city. The City of Anaheim covers approximately 50 square miles and boasts a population of more than 350,000. Anaheim expects its population growth to continue for the next several years due in part to the development of the Platinum Triangle area and Anaheim Hills. The Platinum Triangle, an area surrounding the Honda Center and Angel Stadium of Anaheim, is currently undergoing serious redevelopment. This area is being transformed from an industrial center into an urban environment. Anaheim Hills is a planned community that consists of multiple neighborhoods including Vista Del Sol, Canyon View Estates, Serrano Heights, and Bauer Ranch to name a few.
Founded in 1857, Anaheim has a rich cultural history. The German grape farmers and wine makers that first settled the land named the city Annaheim, which in German is translated “Home by the Santa Anna River.” Even though the grape industry was destroyed by insects in the 1880s, the farmers of the region were not disheartened. Taking advantage of the coastal climate, new crops were planted and harvested including lemons and oranges. Today, the residents of Anaheim enjoy the city's captivating beaches, trendy restaurants, booming art districts, and unsurpassed shopping. Residents of the city enjoy area attractions such as Disneyland Park, Disney's California Adventure Park, the Downtown Disney District, the Anaheim Resort District, the Anaheim Convention Center, and the Grove of Anaheim.
Like most cities in the U.S., California real estate has been impacted by the slow economy. However, Anaheim real estate sales have been on an upward trend for most of 2010. The average list price of Anaheim property has also been on the rise as well. Currently, the average list price for Anaheim homes for sale is just over $400,000, while the median sales price of Anaheim homes for sale is $350,000. According to sales figures, the average listing price for Anaheim homes for sale increased .3 percent within one week in November. From August through October 2010, the number of Anaheim property sales totaled more than 2,000. This number includes both homes for resale as well as newly constructed homes.
California real estate is an excellent investment, and Anaheim is a city with great real estate potential. Anaheim has been described as a vibrant metropolis, and the city is dedicated to continued growth and expansion. From the Anaheim Gardenwalk to The MUZEO, Anaheim holds a wealth of benefits, advantages, and adventures for its residents.
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