11% DECREASE IN VILLA PARK CA REAL ESTATE LISTINGS

The inventory of homes for sale in Villa Park, California dropped even further, with an 11.1% decrease in July 2012, as compared to the previous month. And, although the total number of Villa Park real estate listings has increased by over 41% since January, the current inventory level is extremely low. 

Active Real Estate Listings in Villa Park CA = 24

Highest and Lowest Real Estate Listing in Villa Park CA:

• Lowest priced property for sale in Villa Park, CA - $775,000.00
• Highest priced property for sale in Villa Park, CA - $2,988,000.00

Villa Park CA Active Real Estate Listings By Property Type:

• 24 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:

• 22 Standard
• 1 REO*
• 1 Short Sale**
• 0 Other (Relocation Sale, Probate Sale, Flip, etc...)

Villa Park CA Active Real Estate Listings By Price Range:

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

PENDING REAL ESTATE SALES RISE NEARLY 40% IN VILLA PARK CA

Pending real estate sales jumped 37.5% in Villa Park, California on a month to month basis and have risen by over 83% since the beginning of the year. Standard listings played the biggest part in the increase in the July 2012 pending real estate sales, with growth of 60% shown from June to July 2012.

Villa Park CA Properties In Pending And Back Up Status = 22

Pending Villa Park CA Properties By Sales Type:

• 16 Standard
• 0 REO*
• 5 Short Sale**
• 1 Other (Relocation Sale, Probate Sale, etc...)

CLOSED REAL ESTATE TRANSACTIONS UP 200% IN JULY 2012

Villa Park, California real estate sales rose by 200% month over month, and have jumped by 500% since January of this year. The July 2012 increase was seen across all listing categories, including short sales, foreclosures, and standard real estate sales.

Villa Park CA Properties Sold in July 2012 = 6

Villa Park CA Properties Sold By Sales Type:

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

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

• Lowest Villa Park CA real estate sale - $660,000.00
• Highest Villa Park CA real estate sale - $1,080,000.00

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

For $660,000.00 you could have purchased a home in Villa Park, California with the following features and amenities:

• 5 Bedroom
• 4 Bath
• 2,156 SF
• 27,313 SF Lot
• 3 Car Garage
• Built 1967
• Not Eligible for Conventional or FHA Financing Only 203k Loans or Cash
• Repairs Needed
• Needs to be Updated
• Pool and Spa
• REO
• All Cash Purchase
• Orange Unified School District
• Located in the Hills of Villa Park CA
• 92861 Zip Code

For $1,080,000.00 you could have purchased a home in Villa Park, California with the following features and amenities:

• 5 Bedroom
• 5 Bath
• 4,954 SF
• 20,006 SF Lot
• 3 Car Attached Garage
• RV Parking
• Built 1968
• Upgraded Throughout
• 2 Water Heaters
• 2 Heating and A/C Units
• Wine Cellar
• Bonus Room
• Indoor and Outdoor Surround Sound System
• Outdoor Kitchen With BBQ, 2 Sinks and Refrigerator
• Fire Pit
• Saltwater Pool and Spa With Waterfall
• Standard Sale
• Conventional Financing
• Orange Unified School District
• Located Within Several Blocks of 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 August 1st, 2012.

RELATED ARTICLES:

• June 2012 Villa Park CA Real Estate Market Report
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• July 2012 Orange/Orange Park Acres CA Real Estate Market Report
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