Is Fountain Valley, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fountain Valley is a seller's market

Buyer's
Market

Difference Since November 2021

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.

How much do homes in Fountain Valley, CA cost?

Median Sold Price

$1,120,000

$589/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$153,333(+15.9%)

Key Takeaway

Homes in Fountain Valley have sold for 15.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $349K$433K
+24.1%
2 $489K$587.2K
+20.1%
3 $835K$920K
+10.2%
4 $1.0M$1.2M
+14.0%
5+ $1.2M$1.3M
+9.1%

Median Sold Price Compared To Nearby Cities

Huntington Beach
+16.2%
Fountain Valley
+15.9%
North Coast
+11.9%
Westminster
+10.2%
Santa Ana
+10.1%

How many homes are available in Fountain Valley, CA?

Number of Homes For Sale

Oct 2022Nov 2022%
8887-1.1%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 13
+200.0%
2 79
+28.6%
3 2828
0.0%
4 3932
-17.9%
5+ 1315
+15.4%

Number of Homes Sold

Oct 2022Nov 2022%
2921-27.6%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fountain Valley, you may be able to get a good deal. 61.9% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
17 Days18 Days+4.7%

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Fountain Valley, CA

Fountain Valley, CA has 87 homes on the market. The number of homes for sale in Fountain Valley, CA decreased by 1.1% between October 2022 and November 2022. In November 2022, listings were on the market for 18 days. During the same period, the median list price in this real estate market was $1,120,000. From October 2022 through November 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 24.1%, 2 bedrooms properties prices increased by 20.1%, 3 bedrooms properties prices increased by 10.2%, 4 bedrooms properties prices increased by 14%, 5 bedrooms properties became 9.1% more expensive. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory increased by 200%, 2 bedrooms homes became 28.6% more available, number of 3 bedrooms homes remained the same, 4 bedrooms homes became 17.9% less available, number of 5 bedrooms homes increased by 15.4%. While more than 6 listings in Fountain Valley, CA in November 2022 were sold above asking price, there were more than 2 listings sold at asking price, and more than 13 were sold below.

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