Is Fountain Valley, 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, Fountain Valley has remained a Seller's Market.
Housing Prices in Fountain Valley, CA
How much do homes in Fountain Valley, CA cost?
Median Sold Price
$1,230,000
$628/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Fountain Valley was $1,230,000 in April 2024, up 12.5% from last year, and the median price per square foot was $628.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $424K | $460K | +8.5% |
2 Bedrooms | $581K | $567.5K | -2.3% |
3 Bedrooms | $878K | $955K | +8.8% |
4 Bedrooms | $1.2M | $1.3M | +12.5% |
5+ Bedrooms | $1.2M | $1.4M | +15.3% |
Summary: Fountain Valley housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.5%, 2 bedroom homes decreased by 2.3%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 15.3%.
Median Sold Price Compared To Nearby Cities
Santa Ana | $723.3K | $821.7K | +13.6% |
Fountain Valley | $1.0M | $1.2M | +12.5% |
Westminster | $900K | $1.0M | +11.1% |
North Coast | $1.0M | $1.1M | +10.0% |
Huntington Beach | $1.1M | $1.2M | +8.3% |
Housing Supply in Fountain Valley, CA
How many homes are available in Fountain Valley, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
82 | 77 | -6.1% |
Summary: The Fountain Valley real estate market had 77 homes for sale in April 2024, a 6.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 1 | -66.7% |
2 Bedrooms | 8 | 8 | 0.0% |
3 Bedrooms | 27 | 19 | -29.6% |
4 Bedrooms | 34 | 35 | +2.9% |
5+ Bedrooms | 10 | 14 | +40.0% |
Summary: The Fountain Valley housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 29.6%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
31 | 31 | 0.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Summary: A total of 31 homes were sold or pending in Fountain Valley in April 2024, the same as the previous month. Of the 31 sold homes, 23% were sold under asking, 6% were sold at asking, and 71% were sold over asking.
Days on Market for Fountain Valley, CA
How long does it take to sell a home in Fountain Valley, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 14 Days | -51.7% |
Summary: Homes in Fountain Valley had an average of 14 days on market in Apr 2024, down by 51.7% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 31 homes were sold in Fountain Valley; 90% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.