Is Guajome, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Guajome is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Guajome has remained a Seller's Market.

Key Takeaway

Guajome is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Guajome, CA

How much do homes in Guajome, CA cost?

Median Sold Price

$903,500

$486/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$53,500(+6.3%)

Key Takeaway

Homes in Guajome have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in Guajome was $903,500 in May 2024, up 6.3% from last year, and the median price per square foot was $486.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $610K$637.5K
+4.5%
3 $795K$827.5K
+4.1%
4 $920K$970K
+5.4%
5+ $989K$1.1M
+20.8%

Summary: Guajome 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 4.5%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 20.8%.

Median Sold Price Compared To Nearby Neighborhoods

Jeffries Ranch
+14.0%
Guajome
+6.3%
Peacock
-1.7%

Housing Supply in Guajome, CA

How many homes are available in Guajome, CA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
3841+7.9%

Summary: The Guajome real estate market had 41 homes for sale in May 2024, a 7.9% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 1318
+38.5%
4 2017
-15.0%
5+ 22
0.0%

Summary: The Guajome 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 increased by 33.3%, 3 bedroom homes increased by 38.5%, 4 bedroom homes decreased by 15%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
1611-31.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Guajome, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Guajome in May 2024, down by 31.3% month-over-month. Of the 11 sold homes, 55% were sold under asking, 9% were sold at asking, and 36% were sold over asking.

Days on Market for Guajome, CA

How long does it take to sell a home in Guajome, CA?

Average Sale Time

May 2023May 2024CHANGE
7 Days20 Days+160.9%

Summary: Homes in Guajome had an average of 20 days on market in May 2024, up by 160.9% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Guajome are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 11 homes were sold in Guajome; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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