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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Anaheim is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in North Anaheim, CA

How much do homes in North Anaheim, CA cost?

Median Sold Price

$815,000

$525/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$35,000(+4.5%)

Key Takeaway

Homes in North Anaheim have sold for 4.5% more than they did a year ago.

Summary: The median home sold price in North Anaheim was $815,000 in March 2024, up 4.5% from last year, and the median price per square foot was $525.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $380K$524.4K
+38.0%
2 $586.9K$660K
+12.5%
3 $780K$810K
+3.8%
4 $850K$915K
+7.6%
5+ $1.0M$1.1M
+4.8%

Summary: North Anaheim housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 38%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes increased by 4.8%.

Median Sold Price Compared To Nearby Neighborhoods

Anaheim Colony
+7.4%
North Anaheim
+4.5%

Housing Supply in North Anaheim, CA

How many homes are available in North Anaheim, CA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
9295+3.3%

Summary: The North Anaheim real estate market had 95 homes for sale in March 2024, a 3.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 33
0.0%
2 1210
-16.7%
3 3642
+16.7%
4 3334
+3.0%
5+ 86
-25.0%

Summary: The North Anaheim housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 3%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2829+3.6%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Anaheim, you could pay more than the asking price. 51.7% of homes here sold above asking price last month.

Summary: A total of 29 homes were sold or pending in North Anaheim in March 2024, up by 3.6% month-over-month. Of the 29 sold homes, 34% were sold under asking, 14% were sold at asking, and 52% were sold over asking.

Days on Market for North Anaheim, CA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
41 Days20 Days-50.6%

Summary: Homes in North Anaheim had an average of 20 days on market in Mar 2024, down by 50.6% compared to last year.

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 29 homes were sold in North Anaheim; 79% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 7% 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 29 Days Ago

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