Is Apple Valley, 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, Apple Valley has remained a Seller's Market.
Key Takeaway
Apple Valley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Apple Valley, CA
How much do homes in Apple Valley, CA cost?
Median Sold Price
$400,000
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
The sold price of homes in Apple Valley has remained the same since last year.
Summary: The median home sold price in Apple Valley was $400,000 in November 2023, down 0.1% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $152.5K | $158.5K | +3.9% |
| 2 Bedrooms | $320K | $325K | +1.6% |
| 3 Bedrooms | $385K | $385K | 0.0% |
| 4 Bedrooms | $480K | $490.9K | +2.3% |
| 5+ Bedrooms | $582.5K | $584K | 0.3% |
Summary: Apple Valley housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 3.9%, 2 bedroom homes increased by 1.6%, 3 bedroom homes did not change, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 0.3%.
Median Sold Price Compared To Nearby Cities
| Victorville | $410K | $411.5K | 0.4% |
| Apple Valley | $400.5K | $400K | -0.1% |
| Victorville-Hesperia | $414.8K | $411.6K | -0.8% |
Housing Supply in Apple Valley, CA
How many homes are available in Apple Valley, CA?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 347 | 339 | -2.3% |
Summary: The Apple Valley real estate market had 339 homes for sale in November 2023, a 2.3% decrease compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 65 | 55 | -15.4% |
| 3 Bedrooms | 141 | 146 | +3.5% |
| 4 Bedrooms | 106 | 107 | +0.9% |
| 5+ Bedrooms | 31 | 27 | -12.9% |
Summary: The Apple Valley housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 15.4%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes decreased by 12.9%.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 82 | 65 | -20.7% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Apple Valley, you may be able to get a good deal. 36.9% of homes here sold below asking price last month.
Summary: A total of 65 homes were sold or pending in Apple Valley in November 2023, down by 20.7% month-over-month. Of the 65 sold homes, 37% were sold under asking, 28% were sold at asking, and 35% were sold over asking.
Days on Market for Apple Valley, CA
How long does it take to sell a home in Apple Valley, CA?
Average Sale Time
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 41 Days | 28 Days | -31.9% |
Summary: Homes in Apple Valley had an average of 28 days on market in Nov 2023, down by 31.9% compared to last year.
Breakdown of Home Sale Times
46 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Apple Valley are selling fast, if you're buying plan to act quickly.
Summary: During November 2023, 65 homes were sold in Apple Valley; 71% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 8% 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.