Is Anaheim, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Anaheim has remained a Seller's Market.
Housing Prices in Anaheim, CA
How much do homes in Anaheim, CA cost?
Median Sold Price
$873,840
$549/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Anaheim was $873,840 in May 2024, up 8.6% from last year, and the median price per square foot was $549.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $475K | $505K | +6.3% |
2 Bedrooms | $625K | $660K | +5.6% |
3 Bedrooms | $799K | $850K | +6.4% |
4 Bedrooms | $916.6K | $984.8K | +7.4% |
5+ Bedrooms | $1.1M | $1.3M | +12.7% |
Summary: Anaheim housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.3%, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 12.7%.
Median Sold Price Compared To Nearby Cities
Placentia | $876.2K | $1.0M | +14.7% |
Orange | $914.6K | $1.0M | +9.8% |
Anaheim-Santa Ana-Garden Grove | $849.9K | $929K | +9.3% |
Anaheim | $805K | $873.8K | +8.6% |
Fullerton | $874.2K | $941K | +7.6% |
Housing Supply in Anaheim, CA
How many homes are available in Anaheim, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
412 | 419 | +1.7% |
Summary: The Anaheim real estate market had 419 homes for sale in May 2024, a 1.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 12 | 11 | -8.3% |
2 Bedrooms | 63 | 67 | +6.3% |
3 Bedrooms | 173 | 176 | +1.7% |
4 Bedrooms | 122 | 127 | +4.1% |
5+ Bedrooms | 42 | 38 | -9.5% |
Summary: The Anaheim housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 8.3%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes decreased by 9.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
122 | 149 | +22.1% |
Asking Price vs. Sold Price
43 Homes Were Sold
Under Asking
23 Homes Were Sold
At Asking
83 Homes Were Sold
Over Asking
Summary: A total of 149 homes were sold or pending in Anaheim in May 2024, up by 22.1% month-over-month. Of the 149 sold homes, 29% were sold under asking, 15% were sold at asking, and 56% were sold over asking.
Days on Market for Anaheim, CA
How long does it take to sell a home in Anaheim, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
27 Days | 16 Days | -41.3% |
Summary: Homes in Anaheim had an average of 16 days on market in May 2024, down by 41.3% compared to last year.
Breakdown of Home Sale Times
127 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 149 homes were sold in Anaheim; 85% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.