$3,548,000
3,160 SqFt
5 Beds
•4 Full Baths, 1 Partial
Zhuoyu Zhao, Listing Office: Mcsen Realty Corp.
Is Orchard Hills, 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, Orchard Hills has remained a Seller's Market.
Key Takeaway
Orchard Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Orchard Hills, CA
How much do homes in Orchard Hills, CA cost?
Median Sold Price
$2,990,000
$1,043/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$680,000(+29.4%)
Key Takeaway
Homes in Orchard Hills have sold for 29.4% more than they did a year ago.
Summary: The median home sold price in Orchard Hills was $2,990,000 in October 2024, up 29.4% from last year, and the median price per square foot was $1,043.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $599.9K | - | N/A |
| 2 Bedrooms | $1.0M | $1.3M | +24.6% |
| 3 Bedrooms | $1.4M | $1.8M | +26.1% |
| 4 Bedrooms | $2.4M | $3.0M | +23.8% |
| 5+ Bedrooms | $4.1M | $4.7M | +15.0% |
Summary: Orchard Hills housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 24.6%, 3 bedroom homes increased by 26.1%, 4 bedroom homes increased by 23.8%, and 5+ bedroom homes increased by 15%.
Median Sold Price Compared To Nearby Neighborhoods
| Portola Springs | $1.3M | $1.7M | +31.9% |
| Orchard Hills | $2.3M | $2.9M | +29.4% |
| Northwood Point | $1.7M | $2.0M | +19.3% |
Housing Supply in Orchard Hills, CA
How many homes are available in Orchard Hills, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 46 | 51 | +10.9% |
Summary: The Orchard Hills real estate market had 51 homes for sale in October 2024, a 10.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 14 | 16 | +14.3% |
| 4 Bedrooms | 25 | 25 | 0.0% |
| 5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The Orchard Hills housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 15 | +275.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Orchard Hills, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Orchard Hills in October 2024, up by 275.0% month-over-month. Of the 15 sold homes, 67% were sold under asking, 13% were sold at asking, and 20% were sold over asking.
Days on Market for Orchard Hills, CA
How long does it take to sell a home in Orchard Hills, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 33 Days | 28 Days | -14.2% |
Summary: Homes in Orchard Hills had an average of 28 days on market in Oct 2024, down by 14.2% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Orchard Hills are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 15 homes were sold in Orchard Hills; 53% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 0% 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.