$5,900,000
4,710 SqFt
4 Beds
•4 Full Baths, 1 Partial
Erica Valdez, Listing Office: Y Realty
Is Orchard Hills, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Orchard Hills was a Seller's Market.
Key Takeaway
Orchard Hills is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Orchard Hills, CA
How much do homes in Orchard Hills, CA cost?
Median Sold Price
$3,020,000
$1,052/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$604,500(+25.0%)
Key Takeaway
Homes in Orchard Hills have sold for 25% more than they did a year ago.
Summary: The median home sold price in Orchard Hills was $3,020,000 in November 2024, up 25% from last year, and the median price per square foot was $1,052.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $599.9K | - | N/A |
| 2 Bedrooms | $1.0M | $1.3M | +24.6% |
| 3 Bedrooms | $1.5M | $1.8M | +15.4% |
| 4 Bedrooms | $2.4M | $3.0M | +22.7% |
| 5+ Bedrooms | $4.1M | $4.8M | +18.2% |
Summary: Orchard Hills housing prices by bedroom type for November 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 15.4%, 4 bedroom homes increased by 22.7%, and 5+ bedroom homes increased by 18.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Portola Springs | $1.4M | $1.7M | +27.1% |
| Orchard Hills | $2.4M | $3.0M | +25.0% |
| Lower Peters Canyon | $1.3M | $1.6M | +22.6% |
| Northwood Point | $1.7M | $2.1M | +21.0% |
Housing Supply in Orchard Hills, CA
How many homes are available in Orchard Hills, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 52 | 45 | -13.5% |
Summary: The Orchard Hills real estate market had 45 homes for sale in November 2024, a 13.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 16 | 10 | -37.5% |
| 4 Bedrooms | 28 | 27 | -3.6% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Orchard Hills 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 remained the same, 3 bedroom homes decreased by 37.5%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 7 | -53.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 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. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Orchard Hills in November 2024, down by 53.3% month-over-month. Of the 7 sold homes, 71% were sold under asking, 0% were sold at asking, and 29% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 47 Days | +106.9% |
Summary: Homes in Orchard Hills had an average of 47 days on market in Nov 2024, up by 106.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Orchard Hills are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Orchard Hills; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% 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.