Is Apple Valley, 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, Apple Valley has remained a Seller's Market.
Housing Prices in Apple Valley, CA
How much do homes in Apple Valley, CA cost?
Median Sold Price
$415,000
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Apple Valley was $415,000 in May 2024, up 3.8% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $155K | $155K | 0.0% |
2 Bedrooms | $330K | $330K | 0.0% |
3 Bedrooms | $380K | $399.2K | +5.1% |
4 Bedrooms | $475K | $500K | +5.3% |
5+ Bedrooms | $575K | $589K | +2.4% |
Summary: Apple Valley housing prices by bedroom type for May 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 increased by 5.1%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 2.4%.
Median Sold Price Compared To Nearby Cities
Victorville | $409.9K | $427.6K | +4.3% |
Apple Valley | $400K | $415K | +3.8% |
Victorville-Hesperia | $410K | $425K | +3.7% |
Housing Supply in Apple Valley, CA
How many homes are available in Apple Valley, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
362 | 380 | +5.0% |
Summary: The Apple Valley real estate market had 380 homes for sale in May 2024, a 5.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 62 | 58 | -6.5% |
3 Bedrooms | 164 | 180 | +9.8% |
4 Bedrooms | 94 | 93 | -1.1% |
5+ Bedrooms | 38 | 45 | +18.4% |
Summary: The Apple Valley housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 6.5%, 3 bedroom homes increased by 9.8%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes increased by 18.4%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
92 | 74 | -19.6% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
36 Homes Were Sold
Over Asking
Summary: A total of 74 homes were sold or pending in Apple Valley in May 2024, down by 19.6% month-over-month. Of the 74 sold homes, 28% were sold under asking, 23% were sold at asking, and 49% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
43 Days | 35 Days | -18.8% |
Summary: Homes in Apple Valley had an average of 35 days on market in May 2024, down by 18.8% compared to last year.
Breakdown of Home Sale Times
46 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During May 2024, 74 homes were sold in Apple Valley; 62% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.