Is Fountaingrove, 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, Fountaingrove was a Seller's Market.
Key Takeaway
Fountaingrove is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Fountaingrove, CA
How much do homes in Fountaingrove, CA cost?
Median Sold Price
$1,295,000
$467/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
The sold price of homes in Fountaingrove has remained the same since last year.
Summary: The median home sold price in Fountaingrove was $1,295,000 in May 2024, up 0.4% from last year, and the median price per square foot was $467.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $628.5K | $655K | +4.2% |
| 3 Bedrooms | $882K | $890.7K | +1.0% |
| 4 Bedrooms | $1.4M | $1.4M | -4.1% |
| 5+ Bedrooms | $1.7M | $1.6M | -1.9% |
Summary: Fountaingrove 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 4.2%, 3 bedroom homes increased by 1%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes decreased by 1.9%.
Housing Supply in Fountaingrove, CA
How many homes are available in Fountaingrove, CA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 58 | 57 | -1.7% |
Summary: The Fountaingrove real estate market had 57 homes for sale in May 2024, a 1.7% decrease 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 | 5 | 3 | -40.0% |
| 3 Bedrooms | 15 | 14 | -6.7% |
| 4 Bedrooms | 27 | 27 | 0.0% |
| 5+ Bedrooms | 11 | 13 | +18.2% |
Summary: The Fountaingrove 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 40%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 13 | 8 | -38.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fountaingrove, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Fountaingrove in May 2024, down by 38.5% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.
Days on Market for Fountaingrove, CA
We’re sorry, we don't have information for this market at the moment
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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.