Is Fountain Valley, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2022
Since last year, Fountain Valley has remained a Seller's Market.
Key Takeaway
Fountain Valley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices
How much do homes in Fountain Valley, CA cost?
Median Sold Price
$1,128,611
$598/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2022
Key Takeaway
Homes in Fountain Valley have sold for 1.7% more than they did a year ago.
Summary: The median home sold price in Fountain Valley was $1,128,611 in September 2023, up 1.7% from last year, and the median price per square foot was $598.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2022 | Sep 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $417.5K | $425K | +1.8% |
| 2 Bedrooms | $572.2K | $584K | +2.1% |
| 3 Bedrooms | $885K | $906K | +2.4% |
| 4 Bedrooms | $1.2M | $1.2M | +1.0% |
| 5+ Bedrooms | $1.3M | $1.3M | 0.0% |
Summary: Fountain Valley housing prices by bedroom type for September 2023 compared to the previous year: The home price of 1 bedroom homes increased by 1.8%, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Santa Ana | $711.8K | $750K | +5.4% |
| North Coast | $1.0M | $1.0M | +3.9% |
| Huntington Beach | $1.1M | $1.1M | +3.6% |
| Westminster | $910K | $940K | +3.3% |
| Fountain Valley | $1.1M | $1.1M | +1.7% |
Housing Supply
How many homes are available in Fountain Valley, CA?
Number of Homes For Sale
| Aug 2023 | Sep 2023 | CHANGE |
|---|---|---|
| 77 | 61 | -20.8% |
Summary: The Fountain Valley real estate market had 61 homes for sale in September 2023, a 20.8% decrease compared to August 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Sep 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 1 | -66.7% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 20 | 16 | -20.0% |
| 4 Bedrooms | 33 | 28 | -15.2% |
| 5+ Bedrooms | 16 | 10 | -37.5% |
Summary: The Fountain Valley housing inventory by bedroom type for September 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 15.2%, and 5+ bedroom homes decreased by 37.5%.
Number of Homes Sold
| Aug 2023 | Sep 2023 | CHANGE |
|---|---|---|
| 34 | 24 | -29.4% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fountain Valley, you could pay more than the asking price. 70.8% of homes here sold above asking price last month.
Summary: A total of 24 homes were sold or pending in Fountain Valley in September 2023, down by 29.4% month-over-month. Of the 24 sold homes, 17% were sold under asking, 13% were sold at asking, and 71% were sold over asking.
Days on Market
How long does it take to sell a home in Fountain Valley, CA?
Average Sale Time
| Sep 2022 | Sep 2023 | CHANGE |
|---|---|---|
| 22 Days | 25 Days | +12.1% |
Summary: Homes in Fountain Valley had an average of 25 days on market in Sep 2023, up by 12.1% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Fountain Valley are selling fast, if you're buying plan to act quickly.
Summary: During September 2023, 24 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 4% 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.