LITTLE CHANGE IN VILLA PARK CA REAL ESTATE LISTINGS
There was little movement in the number of real estate listings in Villa Park, California, from October to November, 2012. In fact, there's been very little change in the amount of property listings throughout the year. This is common in Villa Park, which is a very small community, where homeowners tend to buy and stay put long term. It's also a city that does not have a lot of distressed sales, which has helped to keep the property values steady. Because of this, and several other factors, the Villa Park real estate market has remained healthy in 2012.
Active Real Estate Listings in Villa Park CA = 19
Highest and Lowest Real Estate Listing in Villa Park CA:
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Lowest priced property for sale in Villa Park, CA - $700,000.00
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Highest priced property for sale in Villa Park, CA - $2,988,000.00
Villa Park CA Active Real Estate Listings By Property Type:
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19 Single Family Residence
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0 Condo/Townhouse
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0 Other (Land, Mobile Home, Mixed Use Property, etc...)
Villa Park CA Active Real Estate Listing By Sales Type:
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17 Standard
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1 REO*
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1 Short Sale**
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0 Other (Relocation Sale, Probate Sale, Flip, etc...)
Villa Park CA Active Real Estate Listings By Price Range:
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19 Villa Park properties priced above $500,000.00
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0 Villa Park properties priced at or below $500,000.00
PENDING SALES UP IN NOVEMBER DUE TO DISTRESSED LISTINGS
Pending real estate sales rose by 18% in Villa Park, on a month to month basis. Considering the small number of pending sales in Villa Park, at any given time, this equated to an increase of only 2 sales. The boost was the result of 2 distressed real estate listings being placed under contract, which are rare commodities in this wealthy community, and are usually snatched up almost immediately.
Villa Park CA Properties In Pending And Back Up Status = 13
Pending Villa Park CA Properties By Sales Type:
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8 Standard
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1 REO*
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3 Short Sale**
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1 Other (Relocation Sale, Probate Sale, Flip, etc...)
EVEN THE MOST DATED VILLA PARK PROPERTY SOLD FOR NEARLY $1 MILLION
Closed real estate transactions fell by only 1 property in November, 2012, and remained 40% higher than the number of real estate sales posted in January, in Villa Park. All sales were in the standard real estate listing category, and even the most dated property sold for nearly $1 million. Like the rest of Orange County, California, the Villa Park real estate market appears to have officially rebounded.
Villa Park CA Properties Sold in November 2012 = 5
Villa Park CA Properties Sold By Sales Type:
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5 Standard Sales
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0 REO Sales*
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0 Short Sales**
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0 Other (Relocation Sales, Probate Sales, Flip, etc...)
Highest and Lowest Real Estate Sales in Villa Park CA in November 2012
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Lowest Villa Park CA real estate sale - $957,000.00
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Highest Villa Park CA real estate sale - $1,875,000.00
What Home Buyers Got For Their Money in Villa Park CA in November 2012
For $957,000.00 you could have purchased a home in Villa Park, California with the following features and amenities:
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6 Bedroom
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3 Bath
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4,049 SF
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20,000 SF Lot
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2 Car Attached Garage
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Built 1972
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Needs Updating Throughout
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Located Within Walking Distance to Villa Park High School
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Standard Sale
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Conventional Financing
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Orange Unified School District
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92861 Zip Code
For $1,875,000.00 you could have purchased a home in Villa Park, California with the following features and amenities:
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4 Bedroom
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5 Bath
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6,325 SF
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25,200 SF Lot
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3 Car Detached Garage
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Highly Upgraded Throughout
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Office With Built In Desk
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Kitchen With 2 Islands
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Gym
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Home Theatre With THX Sound
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Lattice Covered Loggia With Built-In BBQ
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Pool and Spa
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42 Solar Panels
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Located in the Hills of Villa Park
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Standard Sale
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Conventional Financing
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Orange Unified School District
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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 Dec 1st, 2012.
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