Is Anaheim, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
Since last year, Anaheim has remained a Seller's Market.
Key Takeaway
Anaheim is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Anaheim, CA
How much do homes in Anaheim, CA cost?
Median Sold Price
$825,132
$530/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
The sold price of homes in Anaheim has remained the same since last year.
Summary: The median home sold price in Anaheim was $825,132 in November 2023, the same as last year, and the median price per square foot was $530.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $455K | $497.5K | +9.3% |
| 2 Bedrooms | $620K | $633K | +2.1% |
| 3 Bedrooms | $812K | $818.9K | +0.9% |
| 4 Bedrooms | $946.5K | $940K | -0.7% |
| 5+ Bedrooms | $1.1M | $1.2M | +6.4% |
Summary: Anaheim housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 9.3%, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes increased by 6.4%.
Median Sold Price Compared To Nearby Cities
| Placentia | $900K | $949K | +5.4% |
| Anaheim-Santa Ana-Garden Grove | $865.3K | $875K | +1.1% |
| Orange | $940.4K | $950K | +1.0% |
| Anaheim | $825K | $825.1K | 0.0% |
| Fullerton | $885K | $883.2K | -0.2% |
Housing Supply in Anaheim, CA
How many homes are available in Anaheim, CA?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 364 | 317 | -12.9% |
Summary: The Anaheim real estate market had 317 homes for sale in November 2023, a 12.9% decrease compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 6 | -25.0% |
| 2 Bedrooms | 65 | 57 | -12.3% |
| 3 Bedrooms | 152 | 127 | -16.4% |
| 4 Bedrooms | 104 | 100 | -3.8% |
| 5+ Bedrooms | 35 | 27 | -22.9% |
Summary: The Anaheim housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 12.3%, 3 bedroom homes decreased by 16.4%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes decreased by 22.9%.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 119 | 94 | -21.0% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
49 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Anaheim, you could pay more than the asking price. 52.7% of homes here sold above asking price last month.
Summary: A total of 94 homes were sold or pending in Anaheim in November 2023, down by 21.0% month-over-month. Of the 93 sold homes, 34% were sold under asking, 13% were sold at asking, and 53% were sold over asking.
Days on Market for Anaheim, CA
How long does it take to sell a home in Anaheim, CA?
Average Sale Time
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 35 Days | 14 Days | -59.5% |
Summary: Homes in Anaheim had an average of 14 days on market in Nov 2023, down by 59.5% compared to last year.
Breakdown of Home Sale Times
83 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Anaheim are selling fast, if you're buying plan to act quickly.
Summary: During November 2023, 94 homes were sold in Anaheim; 88% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.