Is Glen Avon, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Glen Avon has remained a Seller's Market.
Key Takeaway
Glen Avon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Glen Avon, CA
How much do homes in Glen Avon, CA cost?
Median Sold Price
$595,000
$420/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Glen Avon have sold for 6.5% more than they did a year ago.
Summary: The median home sold price in Glen Avon was $595,000 in May 2024, up 6.5% from last year, and the median price per square foot was $420.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $470K | $482K | +2.6% |
| 3 Bedrooms | $560K | $610K | +8.9% |
| 4 Bedrooms | $625.5K | $609K | -2.6% |
| 5+ Bedrooms | $696K | $700K | +0.6% |
Summary: Glen Avon housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 8.9%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 0.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Glen Avon | $558.5K | $595K | +6.5% |
| Pedley | $612.1K | $652K | +6.5% |
| Jurupa Valley | $612.6K | $650K | +6.1% |
| Southridge Villages | $550K | $575K | +4.5% |
Housing Supply in Glen Avon, CA
How many homes are available in Glen Avon, CA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 22 | 18 | -18.2% |
Summary: The Glen Avon real estate market had 18 homes for sale in May 2024, a 18.2% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Glen Avon housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Glen Avon, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Glen Avon in May 2024, down by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Glen Avon, CA
How long does it take to sell a home in Glen Avon, CA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 35 Days | 16 Days | -52.1% |
Summary: Homes in Glen Avon had an average of 16 days on market in May 2024, down by 52.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Glen Avon are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 4 homes were sold in Glen Avon; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.