Is Yorba Linda, 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, Yorba Linda has remained a Seller's Market.
Housing Prices in Yorba Linda, CA
How much do homes in Yorba Linda, CA cost?
Median Sold Price
$1,253,833
$589/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Yorba Linda was $1,253,833 in May 2024, up 7.3% from last year, and the median price per square foot was $589.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $425K | $430K | +1.2% |
2 Bedrooms | $570K | $560K | -1.8% |
3 Bedrooms | $910K | $1.0M | +12.4% |
4 Bedrooms | $1.3M | $1.3M | +5.1% |
5+ Bedrooms | $2.0M | $2.2M | +7.4% |
Summary: Yorba Linda housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.2%, 2 bedroom homes decreased by 1.8%, 3 bedroom homes increased by 12.4%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 7.4%.
Median Sold Price Compared To Nearby Cities
Placentia | $876.2K | $1.0M | +14.7% |
Brea | $940K | $1.0M | +14.1% |
Chino Hills | $854.2K | $970K | +13.5% |
Anaheim | $805K | $873.8K | +8.6% |
Yorba Linda | $1.1M | $1.2M | +7.3% |
Housing Supply in Yorba Linda, CA
How many homes are available in Yorba Linda, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
173 | 196 | +13.3% |
Summary: The Yorba Linda real estate market had 196 homes for sale in May 2024, a 13.3% 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 | 15 | 16 | +6.7% |
3 Bedrooms | 37 | 40 | +8.1% |
4 Bedrooms | 76 | 77 | +1.3% |
5+ Bedrooms | 45 | 63 | +40.0% |
Summary: The Yorba Linda 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 increased by 6.7%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
46 | 60 | +30.4% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
39 Homes Were Sold
Over Asking
Summary: A total of 60 homes were sold or pending in Yorba Linda in May 2024, up by 30.4% month-over-month. Of the 60 sold homes, 28% were sold under asking, 7% were sold at asking, and 65% were sold over asking.
Days on Market for Yorba Linda, CA
How long does it take to sell a home in Yorba Linda, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
34 Days | 24 Days | -27.4% |
Summary: Homes in Yorba Linda had an average of 24 days on market in May 2024, down by 27.4% compared to last year.
Breakdown of Home Sale Times
49 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 60 homes were sold in Yorba Linda; 82% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.