Is Valle Vista, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Valle Vista is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Valle Vista was a Seller'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

$464,000

$246/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,000(+5.7%)

Key Takeaway

Homes in Valle Vista have sold for 5.7% more than they did a year ago.

Summary: The median home sold price in Valle Vista was $464,000 in November 2024, up 5.7% from last year, and the median price per square foot was $246.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $181K$196.5K
+8.6%
2 $273.5K$272K
-0.5%
3 $429K$454.2K
+5.9%
4 $472.5K$499.9K
+5.8%
5+ $495K$582.5K
+17.7%

Summary: Valle Vista housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.6%, 2 bedroom homes decreased by 0.5%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 17.7%.

Median Sold Price Compared To Nearby Neighborhoods

East Hemet
+7.1%
Valle Vista
+5.7%

Housing Supply in Valle Vista, CA

How many homes are available in Valle Vista, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6359-6.3%

Summary: The Valle Vista real estate market had 59 homes for sale in November 2024, a 6.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 2120
-4.8%
3 2019
-5.0%
4 1615
-6.3%
5+ 54
-20.0%

Summary: The Valle Vista 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 decreased by 4.8%, 3 bedroom homes decreased by 5%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
119-18.2%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Valle Vista, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Valle Vista in November 2024, down by 18.2% month-over-month. Of the 9 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% 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

Nov 2023Nov 2024CHANGE
37 Days33 Days-11.1%

Summary: Homes in Valle Vista had an average of 33 days on market in Nov 2024, down by 11.1% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Valle Vista are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 9 homes were sold in Valle Vista; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Valle Vista, CA

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