Is Chuckwalla Valley, 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, Chuckwalla Valley was a Seller's Market.
Key Takeaway
Chuckwalla Valley is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Chuckwalla Valley, CA
How much do homes in Chuckwalla Valley, CA cost?
Median Sold Price
$202,000
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Chuckwalla Valley have sold for 15.8% less than they did a year ago.
Summary: The median home sold price in Chuckwalla Valley was $202,000 in May 2024, down 15.8% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $242.5K | $825K | +240.2% |
| 2 Bedrooms | $240K | $202K | -15.8% |
| 3 Bedrooms | $345K | $175K | -49.3% |
| 4 Bedrooms | $187.5K | $220K | +17.3% |
| 5+ Bedrooms | - | - | N/A |
Summary: Chuckwalla Valley housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 240.2%, 2 bedroom homes decreased by 15.8%, 3 bedroom homes decreased by 49.3%, 4 bedroom homes increased by 17.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Thermal | $290K | $295K | +1.7% |
| Coachella Valley | $580.2K | $569.1K | -1.9% |
| Chuckwalla Valley | $240K | $202K | -15.8% |
Housing Supply in Chuckwalla Valley, CA
How many homes are available in Chuckwalla Valley, CA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Summary: The Chuckwalla Valley real estate market had 6 homes for sale in May 2024, a 25.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Chuckwalla Valley housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chuckwalla Valley, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Chuckwalla Valley in May 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Chuckwalla Valley, CA
How long does it take to sell a home in Chuckwalla Valley, CA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 60 Days | 5 Days | -91.8% |
Summary: Homes in Chuckwalla Valley had an average of 5 days on market in May 2024, down by 91.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Chuckwalla Valley are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 1 homes were sold in Chuckwalla Valley; 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.