Is Villa Park, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
Since last year, Villa Park has remained a Seller's Market.
Key Takeaway
Villa Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Villa Park, CA
How much do homes in Villa Park, CA cost?
Median Sold Price
$1,850,000
$631/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Villa Park have sold for 14.5% less than they did a year ago.
Summary: The median home sold price in Villa Park was $1,850,000 in November 2023, down 14.5% from last year, and the median price per square foot was $631.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $1.5M | N/A |
| 3 Bedrooms | $1.8M | $1.3M | -30.1% |
| 4 Bedrooms | $1.9M | $1.8M | -9.5% |
| 5+ Bedrooms | $2.3M | $2.7M | +16.0% |
Summary: Villa Park housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 30.1%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes increased by 16%.
Median Sold Price Compared To Nearby Cities
| Anaheim-Santa Ana-Garden Grove | $865.3K | $875K | +1.1% |
| Orange | $940.4K | $950K | +1.0% |
| Villa Park | $2.1M | $1.8M | -14.5% |
Housing Supply in Villa Park, CA
How many homes are available in Villa Park, CA?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 15 | 18 | +20.0% |
Summary: The Villa Park real estate market had 18 homes for sale in November 2023, a 20.0% increase compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 0 | 1 | +100.0% |
| 4 Bedrooms | 6 | 9 | +50.0% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Villa Park housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Villa Park, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Villa Park in November 2023, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Villa Park, CA
How long does it take to sell a home in Villa Park, CA?
Average Sale Time
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 35 Days | 8 Days | -75.7% |
Summary: Homes in Villa Park had an average of 8 days on market in Nov 2023, down by 75.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Villa Park are selling fast, if you're buying plan to act quickly.
Summary: During November 2023, 5 homes were sold in Villa Park; 80% of homes were sold within 30 days, 20% 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.