VILLA PARK CA REAL ESTATE SALES RISE IN SEPTEMBER 2013
Active real estate listings increased 13.6% in Villa Park, between August and September 2013, and jumped more than 31% year over year. Although these numbers appear to be significant, it's important to note that there were very few homes for sale in Villa Park California, to begin with. Villa Park is a very unique, and almost entirely residential city, that doesn't have a lot of turnover in real estate due to the large lot sizes, and abundant single level properties, which allows for expansion, as families grow, and mobility, as residents become older.
There was little movement in pending real estate sales on a month to month basis. However, when compared to the previous year, pending home sales in Villa Park fell 38.5%. As with active listings, there were not many pending sales as of last September either, so a 38.5% drop equates to only 5 fewer sales.
Villa Park real estate sales posted an increase of 33.3% month over month. Again, given the small number of sales last month, this percentage is the equivalent of 2 additional home sales. The year to year stats were a bit more impressive, with a jump of 167%, proving that the luxury market has made a comeback. In September 2013, the majority of real estate sales in Villa Park, California closed at or below the original list price. Given current market conditions, this was most likely the result of over aggressive pricing.
ACTIVE REAL ESTATE LISTINGS IN VILLA PARK CA = 25
Highest and Lowest Real Estate Listing in Villa Park CA:
- Lowest priced property for sale in Villa Park, CA - $799,000.00
- Highest priced property for sale in Villa Park, CA - $2,990,000.00
Villa Park CA Active Real Estate Listings By Property Type:
- 25 Single Family Residence
- 0 Condo/Townhouse
- 0 Other (Mobile Home, Manufactured Home, Mixed Use Property, etc...)
Villa Park CA Active Real Estate Listing By Sales Type:
- 24 Standard
- 1 REO*
- 0 Short Sale**
- 0 Other (Relocation Sale, Probate Sale, Flip, etc...)
Villa Park CA Active Real Estate Listings By Price Range:
- 25 Villa Park properties priced above $500,000.00
- 0 Villa Park properties priced at or below $500,000.00
VILLA PARK CA PROPERTIES IN PENDING AND BACK UP STATUS = 8
Pending Villa Park CA Properties By Sales Type:
- 5 Standard
- 0 REO*
- 3 Short Sale**
- 0 Other (Relocation Sale, Probate Sale, Flip, etc...)
VILLA PARK CA PROPERTIES SOLD IN SEPTEMBER 2013 = 8
Villa Park CA Properties Sold By Sales Type:
- 7 Standard Sales
- 0 REO Sales*
- 1 Short Sales**
- 0 Other (Relocation Sales, Probate Sales, Flip, etc...)
List Price Versus Sales Price In Villa Park Ca In September 2013
- 1 Properties sold at list price
- 7 Properties sold for less than list price
- 0 Properties sold for more than list price
Highest and Lowest Real Estate Sales in Villa Park CA in September 2013
- Lowest Villa Park CA real estate sale - $725,000.00
- Highest Villa Park CA real estate sale - $1,600,000.00
What Home Buyers Got For Their Money in Villa Park CA in September 2013
For $725,000.00 you could have purchased a home in Villa Park, California with the following features and amenities:
- 4 Bedroom
- 2 Full Baths, And 2 Three-Quarter Baths
- 2,222 SF
- 12,197 SF Lot
- 2 Car Attached Garage
- Built In 1971
- Upgraded Throughout
- Den/Bonus Room
- Pool
- Short Sale
- Conventional Financing
- Sold For Less Than The List Price Of $799,000.00
- Located Near Villa Park Elementary
- Orange Unified School District
- 92861 Zip Code
For $1,600,000.00 you could have purchased a home in Villa Park, California with the following features and amenities:
- 4 Bedrooms
- 3.5 Baths
- 4,496 SF
- 20,473 SF Lot
- 4 Car Attached Garage
- Built In 1974
- Some Upgrades Throughout
- Bonus Room With Built-In Wet Bar
- Rock Pool And Spa With Waterfall And Slide
- Covered Patio With Ceiling Fan
- Built-In BBQ Island
- Standard Sale
- Cash Purchase
- Sold For Less Than The List Price Of $1,695,000.00
- Located In Central Villa Park
- Orange Unified School District
- 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 Oct 1 & Oct 10, 2013.
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