$10,000 Closing Credit*
$2,090,000
2,623 SqFt
4 Beds
•3 Full Baths, 1 Partial
Xiao Yang, Listing Office: JC Pacific Corp
Is Orange County Great Park, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Orange County Great Park has remained a Seller's Market.
Key Takeaway
Orange County Great Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Orange County Great Park, CA
How much do homes in Orange County Great Park, CA cost?
Median Sold Price
$1,752,500
$776/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$255,000(+17.0%)
Key Takeaway
Homes in Orange County Great Park have sold for 17% more than they did a year ago.
Summary: The median home sold price in Orange County Great Park was $1,752,500 in November 2024, up 17% from last year, and the median price per square foot was $776.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $797.5K | $821K | +2.9% |
| 2 Bedrooms | $939K | $1.1M | +25.3% |
| 3 Bedrooms | $1.2M | $1.5M | +23.8% |
| 4 Bedrooms | $1.8M | $2.0M | +7.2% |
| 5+ Bedrooms | $3.3M | $4.1M | +25.0% |
Summary: Orange County Great Park housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.9%, 2 bedroom homes increased by 25.3%, 3 bedroom homes increased by 23.8%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes increased by 25%.
Median Sold Price Compared To Nearby Neighborhoods
| Orange County Great Park | $1.4M | $1.7M | +17.0% |
| Cypress Village | $1.3M | $1.5M | +16.1% |
Housing Supply in Orange County Great Park, CA
How many homes are available in Orange County Great Park, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 115 | 114 | -0.9% |
Summary: The Orange County Great Park real estate market had 114 homes for sale in November 2024, a 0.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 13 | 14 | +7.7% |
| 3 Bedrooms | 42 | 40 | -4.8% |
| 4 Bedrooms | 47 | 48 | +2.1% |
| 5+ Bedrooms | 11 | 10 | -9.1% |
Summary: The Orange County Great Park housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.7%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes decreased by 9.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 22 | -8.3% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Orange County Great Park, you may be able to get a good deal. 59.1% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in Orange County Great Park in November 2024, down by 8.3% month-over-month. Of the 22 sold homes, 59% were sold under asking, 14% were sold at asking, and 27% were sold over asking.
Days on Market for Orange County Great Park, CA
How long does it take to sell a home in Orange County Great Park, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 47 Days | +88.4% |
Summary: Homes in Orange County Great Park had an average of 47 days on market in Nov 2024, up by 88.4% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Orange County Great Park are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 22 homes were sold in Orange County Great Park; 45% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 18% 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.