Is Anaheim-Santa Ana-Garden Grove, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2022
Since last year, Anaheim-Santa Ana-Garden Grove has remained a Seller's Market.
Housing Prices
How much do homes in Anaheim-Santa Ana-Garden Grove, CA cost?
Median Sold Price
$854,460
$542/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2022
Summary: The median home sold price in Anaheim-Santa Ana-Garden Grove was $854,460 in August 2023, down 0.3% from last year, and the median price per square foot was $542.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Aug 2022 | Aug 2023 | CHANGE |
---|---|---|---|
1 Bedroom | $410K | $420K | +2.4% |
2 Bedrooms | $572.7K | $585K | +2.1% |
3 Bedrooms | $829.9K | $823.1K | -0.8% |
4 Bedrooms | $1.0M | $1.0M | -0.6% |
5+ Bedrooms | $1.4M | $1.3M | -3.5% |
Summary: Anaheim-Santa Ana-Garden Grove housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes increased by 2.4%, 2 bedroom homes increased by 2.1%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes decreased by 3.5%.
Median Sold Price Compared To Nearby Cities
Santa Ana | $710K | $749.7K | +5.6% |
Anaheim-Santa Ana-Garden Grove | $857.4K | $854.4K | -0.3% |
Orange | $932.9K | $927.5K | -0.6% |
Anaheim | $819.1K | $809.8K | -1.1% |
Villa Park | $1.9M | $1.8M | -6.4% |
Housing Supply
How many homes are available in Anaheim-Santa Ana-Garden Grove, CA?
Number of Homes For Sale
Jul 2023 | Aug 2023 | CHANGE |
---|---|---|
2,019 | 1,956 | -3.1% |
Summary: The Anaheim-Santa Ana-Garden Grove real estate market had 1,956 homes for sale in August 2023, a 3.1% decrease compared to July 2023.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jul 2023 | Aug 2023 | CHANGE |
---|---|---|---|
1 Bedroom | 72 | 66 | -8.3% |
2 Bedrooms | 302 | 292 | -3.3% |
3 Bedrooms | 768 | 755 | -1.7% |
4 Bedrooms | 611 | 582 | -4.7% |
5+ Bedrooms | 266 | 261 | -1.9% |
Summary: The Anaheim-Santa Ana-Garden Grove housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 8.3%, 2 bedroom homes decreased by 3.3%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes decreased by 1.9%.
Number of Homes Sold
Jul 2023 | Aug 2023 | CHANGE |
---|---|---|
630 | 721 | +14.4% |
Asking Price vs. Sold Price
197 Homes Were Sold
Under Asking
102 Homes Were Sold
At Asking
422 Homes Were Sold
Over Asking
Summary: A total of 721 homes were sold or pending in Anaheim-Santa Ana-Garden Grove in August 2023, up by 14.4% month-over-month. Of the 721 sold homes, 27% were sold under asking, 14% were sold at asking, and 59% were sold over asking.
Days on Market
How long does it take to sell a home in Anaheim-Santa Ana-Garden Grove, CA?
Average Sale Time
Aug 2022 | Aug 2023 | CHANGE |
---|---|---|
22 Days | 19 Days | -11.1% |
Summary: Homes in Anaheim-Santa Ana-Garden Grove had an average of 19 days on market in Aug 2023, down by 11.1% compared to last year.
Breakdown of Home Sale Times
588 Homes Were Sold
Under 30 Days
112 Homes Were Sold
In 30 - 90 Days
21 Homes Were Sold
Over 90 Days
Summary: During August 2023, 721 homes were sold in Anaheim-Santa Ana-Garden Grove; 82% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.