Is Apple Valley, 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, Apple Valley has remained a Seller's Market.
Key Takeaway
Apple Valley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Apple Valley, CA
How much do homes in Apple Valley, CA cost?
Median Sold Price
$411,300
$234/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Apple Valley have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in Apple Valley was $411,300 in April 2024, up 2.8% from last year, and the median price per square foot was $234.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $159.4K | $155K | -2.8% |
| 2 Bedrooms | $330K | $328.5K | -0.4% |
| 3 Bedrooms | $380K | $395K | +3.9% |
| 4 Bedrooms | $480K | $500K | +4.2% |
| 5+ Bedrooms | $567.5K | $589K | +3.8% |
Summary: Apple Valley housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.8%, 2 bedroom homes decreased by 0.4%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 3.8%.
Median Sold Price Compared To Nearby Cities
| Victorville | $410K | $424.8K | +3.6% |
| Victorville-Hesperia | $410K | $422.8K | +3.1% |
| Apple Valley | $400K | $411.3K | +2.8% |
Housing Supply in Apple Valley, CA
How many homes are available in Apple Valley, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 344 | 369 | +7.3% |
Summary: The Apple Valley real estate market had 369 homes for sale in April 2024, a 7.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 3 | -40.0% |
| 2 Bedrooms | 58 | 63 | +8.6% |
| 3 Bedrooms | 161 | 169 | +5.0% |
| 4 Bedrooms | 89 | 97 | +9.0% |
| 5+ Bedrooms | 31 | 37 | +19.4% |
Summary: The Apple Valley housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes increased by 8.6%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 19.4%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 79 | 89 | +12.7% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
26 Homes Were Sold
At Asking
35 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Apple Valley, you could pay more than the asking price. 39.3% of homes here sold above asking price last month.
Summary: A total of 89 homes were sold or pending in Apple Valley in April 2024, up by 12.7% month-over-month. Of the 89 sold homes, 31% were sold under asking, 29% were sold at asking, and 39% were sold over asking.
Days on Market for Apple Valley, CA
How long does it take to sell a home in Apple Valley, CA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 49 Days | 36 Days | -27.0% |
Summary: Homes in Apple Valley had an average of 36 days on market in Apr 2024, down by 27% compared to last year.
Breakdown of Home Sale Times
62 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Apple Valley are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 89 homes were sold in Apple Valley; 70% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 12% 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.