Is Villa Park, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
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
$1,982,500
$638/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Villa Park have sold for 9.9% less than they did a year ago.
Summary: The median home sold price in Villa Park was $1,982,500 in March 2024, down 9.9% from last year, and the median price per square foot was $638.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $1.5M | N/A |
| 3 Bedrooms | $1.8M | $1.3M | -30.1% |
| 4 Bedrooms | $2.0M | $1.8M | -12.3% |
| 5+ Bedrooms | $2.3M | $2.7M | +16.8% |
Summary: Villa Park housing prices by bedroom type for March 2024 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 12.3%, and 5+ bedroom homes increased by 16.8%.
Median Sold Price Compared To Nearby Cities
| Orange | $929.6K | $978.3K | +5.2% |
| Anaheim-Santa Ana-Garden Grove | $858.8K | $903.4K | +5.2% |
| Villa Park | $2.2M | $1.9M | -9.9% |
Housing Supply in Villa Park, CA
How many homes are available in Villa Park, CA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 15 | 16 | +6.7% |
Summary: The Villa Park real estate market had 16 homes for sale in March 2024, a 6.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The Villa Park 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Villa Park, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Villa Park in March 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 14 Days | 31 Days | +111.4% |
Summary: Homes in Villa Park had an average of 31 days on market in Mar 2024, up by 111.4% compared to last year.
Breakdown of Home Sale Times
3 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 Villa Park are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 5 homes were sold in Villa Park; 60% of homes were sold within 30 days, 40% 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.