$10,000 Closing Credit*
$1,599,999
2,137 SqFt
3 Beds
•2 Full Baths, 1 Partial
Larry Aguilar, Listing Office: First Team Real Estate
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 October 2023
Since last year, Anaheim-Santa Ana-Garden Grove has remained a Seller's Market.
Key Takeaway
Anaheim-Santa Ana-Garden Grove is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Anaheim-Santa Ana-Garden Grove, CA
How much do homes in Anaheim-Santa Ana-Garden Grove, CA cost?
Median Sold Price
$957,708
$597/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$92,128(+10.6%)
Key Takeaway
Homes in Anaheim-Santa Ana-Garden Grove have sold for 10.6% more than they did a year ago.
Summary: The median home sold price in Anaheim-Santa Ana-Garden Grove was $957,708 in October 2024, up 10.6% from last year, and the median price per square foot was $597.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $420K | $440K | +4.8% |
| 2 Bedrooms | $590.1K | $632.2K | +7.1% |
| 3 Bedrooms | $833.9K | $910K | +9.1% |
| 4 Bedrooms | $1.0M | $1.1M | +13.2% |
| 5+ Bedrooms | $1.4M | $1.5M | +11.4% |
Summary: Anaheim-Santa Ana-Garden Grove housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.8%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes increased by 11.4%.
Median Sold Price Compared To Nearby Cities
| Villa Park | $1.8M | $2.1M | +16.4% |
| Orange | $937.4K | $1.0M | +14.4% |
| Santa Ana | $759.4K | $859.4K | +13.2% |
| Anaheim-Santa Ana-Garden Grove | $865.5K | $957.7K | +10.6% |
| Anaheim | $820K | $902.4K | +10.1% |
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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2,409 | 2,411 | 0.1% |
Summary: The Anaheim-Santa Ana-Garden Grove real estate market had 2,411 homes for sale in October 2024, a 0.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 105 | 94 | -10.5% |
| 2 Bedrooms | 383 | 421 | +9.9% |
| 3 Bedrooms | 885 | 863 | -2.5% |
| 4 Bedrooms | 718 | 716 | -0.3% |
| 5+ Bedrooms | 318 | 317 | -0.3% |
Summary: The Anaheim-Santa Ana-Garden Grove housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 10.5%, 2 bedroom homes increased by 9.9%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes decreased by 0.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 630 | 718 | +14.0% |
Asking Price vs. Sold Price
275 Homes Were Sold
Under Asking
96 Homes Were Sold
At Asking
347 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Anaheim-Santa Ana-Garden Grove, you could pay more than the asking price. 48.3% of homes here sold above asking price last month.
Summary: A total of 718 homes were sold or pending in Anaheim-Santa Ana-Garden Grove in October 2024, up by 14.0% month-over-month. Of the 718 sold homes, 38% were sold under asking, 13% were sold at asking, and 48% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 24 Days | 25 Days | +4.1% |
Summary: Homes in Anaheim-Santa Ana-Garden Grove had an average of 25 days on market in Oct 2024, up by 4.1% compared to last year.
Breakdown of Home Sale Times
512 Homes Were Sold
Under 30 Days
185 Homes Were Sold
In 30 - 90 Days
21 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Anaheim-Santa Ana-Garden Grove are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 718 homes were sold in Anaheim-Santa Ana-Garden Grove; 71% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 3% 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.