Is South Anaheim, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, South Anaheim has remained a Seller's Market.
Key Takeaway
South Anaheim is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in South Anaheim, CA
How much do homes in South Anaheim, CA cost?
Median Sold Price
$801,000
$533/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in South Anaheim have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in South Anaheim was $801,000 in April 2024, up 6.8% from last year, and the median price per square foot was $533.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $480K | $509K | +6.0% |
| 2 Bedrooms | $625K | $695K | +11.2% |
| 3 Bedrooms | $697.5K | $820K | +17.6% |
| 4 Bedrooms | $890K | $962.4K | +8.1% |
| 5+ Bedrooms | $917.5K | $1.0M | +10.1% |
Summary: South Anaheim housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6%, 2 bedroom homes increased by 11.2%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 10.1%.
Median Sold Price Compared To Nearby Neighborhoods
| South Anaheim | $750K | $801K | +6.8% |
| The Platinum Triangle | $630K | $655K | +4.0% |
Housing Supply in South Anaheim, CA
How many homes are available in South Anaheim, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 36 | 38 | +5.6% |
Summary: The South Anaheim real estate market had 38 homes for sale in April 2024, a 5.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 23 | 21 | -8.7% |
| 4 Bedrooms | 2 | 5 | +150.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The South Anaheim housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 8.7%, 4 bedroom homes increased by 150%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 10 | 14 | +40.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Anaheim, expect to pay close to the asking price. 35.7% of homes here sold near the asking price last month.
Summary: A total of 14 homes were sold or pending in South Anaheim in April 2024, up by 40.0% month-over-month. Of the 14 sold homes, 29% were sold under asking, 36% were sold at asking, and 36% were sold over asking.
Days on Market for South Anaheim, CA
How long does it take to sell a home in South Anaheim, CA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 39 Days | 16 Days | -58.1% |
Summary: Homes in South Anaheim had an average of 16 days on market in Apr 2024, down by 58.1% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in South Anaheim are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 14 homes were sold in South Anaheim; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% 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.