REAL ESTATE LISTINGS AND SALES DROP IN VILLA PARK CA
Both real estate listings and real estate sales fell on a month to month and year over year basis, and the number of homes for sale in Villa Park, California is at an incredibly low level, especially for the summer season. Due to the lack of inventory and an increased demand by buyers, Villa Park home prices continue to increase.
In April 2013, there were an equal number of real estate sales in Villa Park, California that closed above and below the list price. Given the current, positive market conditions, it is safe to say that homes that sold below the list price were the result of overly aggressive pricing.
ACTIVE REAL ESTATE LISTINGS IN VILLA PARK CA = 16
Highest and Lowest Real Estate Listing in Villa Park CA:
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Lowest priced property for sale in Villa Park, CA - $699,000.00
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Highest priced property for sale in Villa Park, CA - $4,499,000.00
Villa Park CA Active Real Estate Listings By Property Type:
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16 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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15 Standard
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0 REO*
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0 Short Sale**
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1 Other (Relocation Sale, Probate Sale, Flip, etc...)
Villa Park CA Active Real Estate Listings By Price Range:
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16 Villa Park properties priced above $500,000.00
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0 Villa Park properties priced at or below $500,000.00
VILLA PARK CA PROPERTIES IN PENDING AND BACK UP STATUS = 14
Pending Villa Park CA Properties By Sales Type:
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10 Standard
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2 REO*
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2 Short Sale**
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0 Other (Relocation Sale, Probate Sale, Flip, etc...)
VILLA PARK CA PROPERTIES SOLD IN APRIL 2013 = 3
Villa Park CA Properties Sold By Sales Type:
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1 Standard Sales
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1 REO Sales*
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0 Short Sales**
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1 Other (Relocation Sales, Probate Sales, Flip, etc...)
List Price Versus Sales Price In Villa Park Ca In April 2013
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1 Properties sold at list price
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1 Properties sold for less than list price
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1 Properties sold for more than list price
Highest and Lowest Real Estate Sales in Villa Park CA in April 2013
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Lowest Villa Park CA real estate sale - $750,000.00
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Highest Villa Park CA real estate sale - $1,200,000.00
What Home Buyers Got For Their Money in Villa Park CA in April 2013
For $750,000.00 you could have purchased a home in Villa Park, California with the following features and amenities:
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3 Bedroom
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2.5 Baths
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2,124 SF
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8,625 SF Lot
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2 Car Attached Garage
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Built In 1971
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Upgraded Throughout
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Pool
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Standard Sale
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VA Financing
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Sold For Less Than The List Price Of $759,000.00
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Located Near Villa Park Elementary, On The Border Of Orange
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Orange Unified School District
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92861 Zip Code
For $1,200,000.00 you could have purchased a home in Villa Park, California with the following features and amenities:
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5 Bedroom
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5.5 Bath
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6,218 SF
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23,647 SF Lot
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4 Car Attached Garage
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Built In 1999
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Highly Upgraded Throughout
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Game Room/Bonus Room
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Office With Built In Cabinetry And Wood Paneled Coffered Ceilings
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Rock Pool And Spa With Waterfall And Slide
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Entertainment Gazebo
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Built In BBQ Island With Refrigerator
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Catalina Island, Hills And City Light Views
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Standard Sale
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Conventional Financing
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Sold For Less Than The List Price Of $2,350,000.00
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Located In The Hills Of Villa Park
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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 May 1 & May 25, 2013.
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