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June 2012 Villa Park CA Real Estate Market Report

By
Real Estate Agent with North Orange County CA Real Estate Specialists BRE# 01277795

VILLA PARK REAL ESTATE LISTINGS INCH UPWARD IN JUNE 2012

Real estate listings inched upward by a negligible amount in Villa Park, California from May to June 2012, and the total number of homes for sale in Villa Park remains at an extremely low level, even for this small of a city. As is typical for Villa Park, all of the real estate listings are above $500,000, and there are only 3 distressed sales to be found in the city.

Active Real Estate Listings in Villa Park CA = 27

  • Lowest priced property for sale in Villa Park, CA - $519,500.00
  • Highest priced property for sale in Villa Park, CA - $2,988,000.00

Graph comparing the number of real estate listings in Villa Park CA in January 2012, May 2012 and June 2012

Villa Park CA Active Real Estate Listings By Property Type:

  • 27 Single Family Residence
  • 0 Condo/Townhouse
  • 0 Other (Land, Mobile Home, Mixed Use Property, etc...)

Villa Park CA Active Real Estate Listing By Sales Type:

  • 23 Standard
  • 2 REO*
  • 1 Short Sale**
  • 1 Other (Relocation Sale, Probate Sale, etc...)

Villa Park CA Active Real Estate Listings By Price Range:

  • 27 Villa Park CA properties priced above $500,000.00
  • 0 Villa Park CA properties priced at or below $500,000.00


PENDING REAL ESTATE SALES UP OVER 45% IN VILLA PARK CA

The number of Villa Park homes listed in pending and back up status increased by over 45% month over month. The biggest increase in pending real estate sales were found in the number of standard real estate listings, versus foreclosure and short sale listings, which both held steady from May to June 2012.


Villa Park CA Properties In Pending And Back Up Status = 16

Graph comparing the number of pending real estate sales in Villa Park CA in January 2012, May 2012 and June 2012

Pending Villa Park CA Properties By Sales Type:

  • 10 Standard
  • 1 REO*
  • 4 Short Sale**
  • 1 Other (Relocation Sale, Probate Sale, etc...)

VILLA PARK CA REAL ESTATE SALES DROP 71.4%

Closed real estate sales decreased by 71.4% in Villa Park, California, on a month to month basis. And, while this may sound like a big drop, it's important to put this number in perspective; the number of real estate sales in Villa Park is always low, due to the small size of the city, so we're really only talking about a decrease of 5 sales from May to June 2012.

Villa Park CA Properties Sold in June 2012 = 2

Graph comparing the number of real estate sales in Villa Park CA in January 2012, May 2012 and June 2012

Villa Park CA Properties Sold By Sales Type:

  • 2 Standard Sales
  • 0 REO Sales*
  • 0 Short Sales**
  • 0 Other (Relocation Sales, Probate Sales, etc...)

Highest and Lowest Real Estate Sales in Villa Park CA in June 2012

  • Lowest Villa Park CA real estate sale - $1,050,000.00
  • Highest Villa Park CA real estate sale - $1,200,000.00

What Home Buyers Got For Their Money in Villa Park CA in June 2012

For $1,050,000.00 you could have purchased a home in Villa Park, California with the following features and amenities:

  • 4 Bedroom
  • 3 Bath
  • 3,550 SF
  • 26,400 SF Lot
  • 3 Car Garage
  • Built 1976
  • No Property Info Available
  • Pool
  • Standard Sale
  • Conventional Financing
  • Orange Unified School District
  • Located in the Hills of Villa Park CA
  • 92861 Zip Code

For $1,200,000.00 you could have purchased a home in Villa Park, California with the following features and amenities:

  • 4 Bedroom
  • 4 Bath
  • 3,055 SF
  • 20,500 SF Lot
  • 3 Car Attached Garage
  • Pool and Spa
  • No Property Info Available
  • Standard Sale
  • Conventional Financing
  • Orange Unified School District
  • Located Within Walking Distance to Villa Park High School
  • 92861 Zip Code

*REO: Real Estate Owned. Foreclosed properties currently owned by the lender.
** Short Sale: Properties that are still owned by the borrower, however the borrower is attempting to sell the property for less than what is owed to the lender, which requires lender approval.

Information contained in this market report was compiled from available MLS data as of July 1st, 2012.

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