Is Yorba Linda, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Yorba Linda is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Yorba Linda has remained a Seller's Market.

Key Takeaway

Yorba Linda is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Yorba Linda, CA

How much do homes in Yorba Linda, CA cost?

Median Sold Price

$1,350,000

$613/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$170,000(+14.4%)

Key Takeaway

Homes in Yorba Linda have sold for 14.4% more than they did a year ago.

Summary: The median home sold price in Yorba Linda was $1,350,000 in October 2024, up 14.4% from last year, and the median price per square foot was $613.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $390K$402.5K
+3.2%
2 $567.5K$565K
-0.4%
3 $949.8K$1.0M
+13.2%
4 $1.3M$1.4M
+11.5%
5+ $1.9M$2.4M
+20.5%

Summary: Yorba Linda housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.2%, 2 bedroom homes decreased by 0.4%, 3 bedroom homes increased by 13.2%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes increased by 20.5%.

Median Sold Price Compared To Nearby Cities

Yorba Linda
+14.4%
Brea
+13.3%
Placentia
+10.9%
Anaheim
+10.1%
Chino Hills
+9.3%

Housing Supply in Yorba Linda, CA

How many homes are available in Yorba Linda, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
215213-0.9%

Summary: The Yorba Linda real estate market had 213 homes for sale in October 2024, a 0.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 2430
+25.0%
3 6266
+6.5%
4 8276
-7.3%
5+ 4640
-13.0%

Summary: The Yorba Linda 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 25%, 3 bedroom homes increased by 6.5%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes decreased by 13%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5657+1.8%

Asking Price vs. Sold Price

28 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Yorba Linda, you may be able to get a good deal. 49.1% of homes here sold below asking price last month.

Summary: A total of 57 homes were sold or pending in Yorba Linda in October 2024, up by 1.8% month-over-month. Of the 57 sold homes, 49% were sold under asking, 19% were sold at asking, and 32% were sold over asking.

Days on Market for Yorba Linda, CA

How long does it take to sell a home in Yorba Linda, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
23 Days32 Days+33.8%

Summary: Homes in Yorba Linda had an average of 32 days on market in Oct 2024, up by 33.8% compared to last year.

Breakdown of Home Sale Times

38 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 57 homes were sold in Yorba Linda; 67% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 7% 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 16 Days Ago

Newest Listings in Yorba Linda, CA

Nearby Markets to Yorba Linda, CA

What housing markets are near Yorba Linda, CA?