Is East Anaheim, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Anaheim is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, East Anaheim has remained a Seller's Market.

Key Takeaway

East Anaheim is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in East Anaheim, CA

How much do homes in East Anaheim, CA cost?

Median Sold Price

$997,725

$552/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$76,225(+8.3%)

Key Takeaway

Homes in East Anaheim have sold for 8.3% more than they did a year ago.

Summary: The median home sold price in East Anaheim was $997,725 in April 2024, up 8.3% from last year, and the median price per square foot was $552.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $512K$565K
+10.4%
2 $649.4K$680K
+4.7%
3 $862.5K$920K
+6.7%
4 $1.2M$1.2M
+6.0%
5+ $1.3M$1.6M
+21.6%

Summary: East Anaheim housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.4%, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 21.6%.

Housing Supply in East Anaheim, CA

How many homes are available in East Anaheim, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
138126-8.7%

Summary: The East Anaheim real estate market had 126 homes for sale in April 2024, a 8.7% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 12
+100.0%
2 2519
-24.0%
3 5040
-20.0%
4 4243
+2.4%
5+ 2022
+10.0%

Summary: The East Anaheim housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 24%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
5532-41.8%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Anaheim, you could pay more than the asking price. 46.9% of homes here sold above asking price last month.

Summary: A total of 32 homes were sold or pending in East Anaheim in April 2024, down by 41.8% month-over-month. Of the 32 sold homes, 44% were sold under asking, 9% were sold at asking, and 47% were sold over asking.

Days on Market for East Anaheim, CA

How long does it take to sell a home in East Anaheim, CA?

Average Sale Time

Apr 2023Apr 2024CHANGE
41 Days25 Days-38.3%

Summary: Homes in East Anaheim had an average of 25 days on market in Apr 2024, down by 38.3% compared to last year.

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in East Anaheim are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 32 homes were sold in East Anaheim; 78% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

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