Justin Tye

Buena Park, CA

Single-Family Homes

Active Realty I REAL



Buena Park, CA

Sun Oct 06 2024
This week the median list price for Buena Park, CA is $949,444 with the market action index hovering around 58. This is less than last month's market action index of 67. Inventory has increased to 50. Click here to stay informed with the Buena Park market!

Market Action Index

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

Strong Seller's Market

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Buena Park, CA

Sun Oct 06 2024
This week the median list price for Buena Park, CA is $949,444 with the market action index hovering around 58. This is less than last month's market action index of 67. Inventory has increased to 50. Click here to stay informed with the Buena Park market!

Market Action Index

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

Strong Seller's Market

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Buena Park market.
Median List Price $949,444
Median Price of New Listings $864,499
Per Square Foot $635
Average Days on Market 49
Median Days on Market 28
Price Decreased 34%
Price Increased 2%
Relisted 6%
Inventory 50
Median Rent
Market Action 58
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
$1,496,500 2,560 8,000 - 10,000 sqft 4 3 67 0 0 42
$1,099,500 1,836 6,500 - 8,000 sqft 4 2.3 68 2 1 17
$924,499 1,409 4,500 - 6,500 sqft 3 2 68 2 2 21
$829,000 1,209 4,500 - 6,500 sqft 3 2 68 4 2 14