$4,274 Closing Credit*
$359,900
759 SqFt
3 Beds
•1 Full Bath
Daniel Escutia, Listing Office: Esen Real Estate Services
Is Valle Vista, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Valle Vista was a Buyer's Market.
Key Takeaway
Valle Vista 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 Valle Vista, CA
How much do homes in Valle Vista, CA cost?
Median Sold Price
$460,000
$244/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,000(+4.5%)
Key Takeaway
Homes in Valle Vista have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in Valle Vista was $460,000 in October 2024, up 4.5% from last year, and the median price per square foot was $244.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $230K | $193K | -16.1% |
| 2 Bedrooms | $270K | $272K | +0.7% |
| 3 Bedrooms | $425K | $455.9K | +7.3% |
| 4 Bedrooms | $475K | $497.4K | +4.7% |
| 5+ Bedrooms | $511K | $570K | +11.5% |
Summary: Valle Vista housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.1%, 2 bedroom homes increased by 0.7%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 11.5%.
Median Sold Price Compared To Nearby Neighborhoods
| East Hemet | $420K | $448K | +6.7% |
| Valle Vista | $440K | $460K | +4.5% |
Housing Supply in Valle Vista, CA
How many homes are available in Valle Vista, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 55 | 60 | +9.1% |
Summary: The Valle Vista real estate market had 60 homes for sale in October 2024, a 9.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 16 | 19 | +18.8% |
| 3 Bedrooms | 22 | 20 | -9.1% |
| 4 Bedrooms | 10 | 17 | +70.0% |
| 5+ Bedrooms | 6 | 3 | -50.0% |
Summary: The Valle Vista 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 increased by 18.8%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 70%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Valle Vista, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Valle Vista in October 2024, down by 10.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Valle Vista, CA
How long does it take to sell a home in Valle Vista, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 48 Days | +195.6% |
Summary: Homes in Valle Vista had an average of 48 days on market in Oct 2024, up by 195.6% compared to last year.
Breakdown of Home Sale Times
6 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 Valle Vista are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in Valle Vista; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% 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.