Is Fountain Valley, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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
$1,275,000
$640/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Fountain Valley was $1,275,000 in June 2024, up 16.1% from last year, and the median price per square foot was $640.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $435K | $485K | +11.5% |
2 Bedrooms | $579.5K | $590K | +1.8% |
3 Bedrooms | $908K | $975K | +7.4% |
4 Bedrooms | $1.2M | $1.3M | +15.2% |
5+ Bedrooms | $1.3M | $1.4M | +14.8% |
Summary: Fountain Valley housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.5%, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 15.2%, and 5+ bedroom homes increased by 14.8%.
Median Sold Price Compared To Nearby Cities
Fountain Valley | $1.0M | $1.2M | +16.1% |
Westminster | $900K | $1.0M | +14.6% |
Santa Ana | $730K | $835.5K | +14.5% |
North Coast | $1.0M | $1.1M | +11.0% |
Huntington Beach | $1.1M | $1.2M | +8.2% |
Housing Supply in Fountain Valley, CA
How many homes are available in Fountain Valley, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
89 | 78 | -12.4% |
Summary: The Fountain Valley real estate market had 78 homes for sale in June 2024, a 12.4% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 5 | +25.0% |
2 Bedrooms | 8 | 6 | -25.0% |
3 Bedrooms | 22 | 17 | -22.7% |
4 Bedrooms | 42 | 41 | -2.4% |
5+ Bedrooms | 13 | 9 | -30.8% |
Summary: The Fountain Valley housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 22.7%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes decreased by 30.8%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
34 | 30 | -11.8% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in Fountain Valley in June 2024, down by 11.8% month-over-month. Of the 30 sold homes, 37% were sold under asking, 17% were sold at asking, and 47% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
15 Days | 19 Days | +20.7% |
Summary: Homes in Fountain Valley had an average of 19 days on market in Jun 2024, up by 20.7% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During June 2024, 30 homes were sold in Fountain Valley; 83% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.