Is Anaheim-Santa Ana-Garden Grove, 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, Anaheim-Santa Ana-Garden Grove has remained a Seller's Market.
Housing Prices in Anaheim-Santa Ana-Garden Grove, CA
How much do homes in Anaheim-Santa Ana-Garden Grove, CA cost?
Median Sold Price
$916,048
$571/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Anaheim-Santa Ana-Garden Grove was $916,048 in April 2024, up 7.8% from last year, and the median price per square foot was $571.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $420K | $430K | +2.4% |
2 Bedrooms | $589.3K | $614.2K | +4.2% |
3 Bedrooms | $820.9K | $871.3K | +6.1% |
4 Bedrooms | $1.0M | $1.1M | +9.4% |
5+ Bedrooms | $1.4M | $1.4M | +3.5% |
Summary: Anaheim-Santa Ana-Garden Grove housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.4%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 3.5%.
Housing Supply in Anaheim-Santa Ana-Garden Grove, CA
How many homes are available in Anaheim-Santa Ana-Garden Grove, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2,008 | 2,030 | +1.1% |
Summary: The Anaheim-Santa Ana-Garden Grove real estate market had 2,030 homes for sale in April 2024, a 1.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 82 | 92 | +12.2% |
2 Bedrooms | 327 | 313 | -4.3% |
3 Bedrooms | 722 | 725 | 0.4% |
4 Bedrooms | 596 | 605 | +1.5% |
5+ Bedrooms | 281 | 295 | +5.0% |
Summary: The Anaheim-Santa Ana-Garden Grove housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.2%, 2 bedroom homes decreased by 4.3%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
643 | 670 | +4.2% |
Asking Price vs. Sold Price
159 Homes Were Sold
Under Asking
124 Homes Were Sold
At Asking
385 Homes Were Sold
Over Asking
Summary: A total of 670 homes were sold or pending in Anaheim-Santa Ana-Garden Grove in April 2024, up by 4.2% month-over-month. Of the 668 sold homes, 24% were sold under asking, 19% were sold at asking, and 58% were sold over asking.
Days on Market for Anaheim-Santa Ana-Garden Grove, CA
How long does it take to sell a home in Anaheim-Santa Ana-Garden Grove, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
32 Days | 19 Days | -38.8% |
Summary: Homes in Anaheim-Santa Ana-Garden Grove had an average of 19 days on market in Apr 2024, down by 38.8% compared to last year.
Breakdown of Home Sale Times
552 Homes Were Sold
Under 30 Days
91 Homes Were Sold
In 30 - 90 Days
27 Homes Were Sold
Over 90 Days
Summary: During April 2024, 670 homes were sold in Anaheim-Santa Ana-Garden Grove; 82% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.