Is Valley Glen, 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, Valley Glen has remained a Seller's Market.
Housing Prices in Valley Glen, CA
How much do homes in Valley Glen, CA cost?
Median Sold Price
$1,025,000
$595/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Valley Glen was $1,025,000 in April 2024, up 7.9% from last year, and the median price per square foot was $595.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $344K | $285K | -17.2% |
2 Bedrooms | $652.5K | $659.3K | +1.0% |
3 Bedrooms | $977.5K | $990K | +1.3% |
4 Bedrooms | $1.2M | $1.1M | -5.0% |
5+ Bedrooms | $1.3M | $1.5M | +11.7% |
Summary: Valley Glen housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.2%, 2 bedroom homes increased by 1%, 3 bedroom homes increased by 1.3%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 11.7%.
Housing Supply in Valley Glen, CA
How many homes are available in Valley Glen, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
66 | 83 | +25.8% |
Summary: The Valley Glen real estate market had 83 homes for sale in April 2024, a 25.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 10 | 8 | -20.0% |
3 Bedrooms | 31 | 39 | +25.8% |
4 Bedrooms | 14 | 24 | +71.4% |
5+ Bedrooms | 11 | 12 | +9.1% |
Summary: The Valley Glen housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 25.8%, 4 bedroom homes increased by 71.4%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 20 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in Valley Glen in April 2024, the same as the previous month. Of the 20 sold homes, 20% were sold under asking, 15% were sold at asking, and 65% were sold over asking.
Days on Market for Valley Glen, CA
How long does it take to sell a home in Valley Glen, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
26 Days | 21 Days | -18.5% |
Summary: Homes in Valley Glen had an average of 21 days on market in Apr 2024, down by 18.5% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 20 homes were sold in Valley Glen; 85% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.