Is Villa Park, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Villa Park has remained a Seller's Market.
Housing Prices in Villa Park, CA
How much do homes in Villa Park, CA cost?
Median Sold Price
$2,126,500
$658/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Villa Park was $2,126,500 in May 2024, up 0.8% from last year, and the median price per square foot was $658.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $1.5M | N/A |
3 Bedrooms | $1.6M | $1.6M | -5.0% |
4 Bedrooms | $2.0M | $1.8M | -10.6% |
5+ Bedrooms | $2.3M | $2.7M | +16.1% |
Summary: Villa Park housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 5%, 4 bedroom homes decreased by 10.6%, and 5+ bedroom homes increased by 16.1%.
Median Sold Price Compared To Nearby Cities
Orange | $914.6K | $1.0M | +9.8% |
Anaheim-Santa Ana-Garden Grove | $849.9K | $929K | +9.3% |
Villa Park | $2.1M | $2.1M | +0.8% |
Housing Supply in Villa Park, CA
How many homes are available in Villa Park, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
20 | 23 | +15.0% |
Summary: The Villa Park real estate market had 23 homes for sale in May 2024, a 15.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 1 | 2 | +100.0% |
4 Bedrooms | 7 | 8 | +14.3% |
5+ Bedrooms | 12 | 13 | +8.3% |
Summary: The Villa Park housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
0 | 7 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Villa Park in May 2024, up by 100.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.
Days on Market for Villa Park, CA
How long does it take to sell a home in Villa Park, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
28 Days | 38 Days | +36.6% |
Summary: Homes in Villa Park had an average of 38 days on market in May 2024, up by 36.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 7 homes were sold in Villa Park; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.