Justin Tye

Garden Grove, CA

Single-Family Homes

Active Realty I REAL



Garden Grove, CA

Fri May 24 2024
This week the median list price for Garden Grove, CA is $1,174,500 with the market action index hovering around 80. This is an increase over last month's market action index of 73. Inventory has decreased to 36. Click here to stay informed with the Garden Grove market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Garden Grove, CA

Fri May 24 2024
This week the median list price for Garden Grove, CA is $1,174,500 with the market action index hovering around 80. This is an increase over last month's market action index of 73. Inventory has decreased to 36. Click here to stay informed with the Garden Grove market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Garden Grove market.
Median List Price $1,174,500
Median Price of New Listings $1,079,000
Per Square Foot $633
Average Days on Market 70
Median Days on Market 21
Price Decreased 22%
Price Increased 11%
Relisted 6%
Inventory 36
Median Rent
Market Action 80
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,850,000 2,741 0.25 - 0.5 acre 5 4 70 1 1 63
$1,350,000 2,270 6,500 - 8,000 sqft 5 4 70 3 4 21
$1,100,000 1,521 8,000 - 10,000 sqft 4 2 70 5 4 0
$975,000 1,550 6,500 - 8,000 sqft 3 2 68 4 4 7