Is Buena Park, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Buena Park has remained a Seller's Market.
Housing Prices in Buena Park, CA
How much do homes in Buena Park, CA cost?
Median Sold Price
$851,250
$589/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Buena Park was $851,250 in April 2024, up 4.4% from last year, and the median price per square foot was $589.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $420K | - | N/A |
2 Bedrooms | $658K | $700K | +6.4% |
3 Bedrooms | $800K | $837.5K | +4.7% |
4 Bedrooms | $845K | $897K | +6.2% |
5+ Bedrooms | $1.0M | $1.0M | +3.0% |
Summary: Buena Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 3%.
Housing Supply in Buena Park, CA
How many homes are available in Buena Park, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
76 | 84 | +10.5% |
Summary: The Buena Park real estate market had 84 homes for sale in April 2024, a 10.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 10 | +42.9% |
3 Bedrooms | 24 | 32 | +33.3% |
4 Bedrooms | 35 | 33 | -5.7% |
5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The Buena Park housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 42.9%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 35 | +66.7% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 35 homes were sold or pending in Buena Park in April 2024, up by 66.7% month-over-month. Of the 34 sold homes, 29% were sold under asking, 26% were sold at asking, and 44% were sold over asking.
Days on Market for Buena Park, CA
How long does it take to sell a home in Buena Park, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
24 Days | 19 Days | -20.2% |
Summary: Homes in Buena Park had an average of 19 days on market in Apr 2024, down by 20.2% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 35 homes were sold in Buena Park; 86% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.