Is Bethel Island, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Bethel Island was a Seller's Market.
Key Takeaway
Bethel Island is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bethel Island, CA
How much do homes in Bethel Island, CA cost?
Median Sold Price
$974,000
$474/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Bethel Island have sold for 31.6% more than they did a year ago.
Summary: The median home sold price in Bethel Island was $974,000 in May 2024, up 31.6% from last year, and the median price per square foot was $474.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $390K | $335K | -14.1% |
| 2 Bedrooms | $540K | $392.5K | -27.3% |
| 3 Bedrooms | $1.0M | $948K | -9.7% |
| 4 Bedrooms | $995K | $1.2M | +21.9% |
| 5+ Bedrooms | - | $1.5M | N/A |
Summary: Bethel Island housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.1%, 2 bedroom homes decreased by 27.3%, 3 bedroom homes decreased by 9.7%, 4 bedroom homes increased by 21.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Bethel Island | $740K | $974K | +31.6% |
| East Contra Costa | $747.2K | $750K | 0.4% |
Housing Supply in Bethel Island, CA
How many homes are available in Bethel Island, CA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 18 | 20 | +11.1% |
Summary: The Bethel Island real estate market had 20 homes for sale in May 2024, a 11.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 2 | 4 | +100.0% |
| 4 Bedrooms | 11 | 12 | +9.1% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Bethel Island housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bethel Island, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Bethel Island in May 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Bethel Island, CA
How long does it take to sell a home in Bethel Island, CA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 80 Days | 21 Days | -73.1% |
Summary: Homes in Bethel Island had an average of 21 days on market in May 2024, down by 73.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bethel Island are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Bethel Island; 100% of homes were sold within 30 days, 0% 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.