Is Gualala, 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, Gualala was a Seller's Market.
Key Takeaway
Gualala is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Gualala, CA
How much do homes in Gualala, CA cost?
Median Sold Price
$835,000
$500/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Gualala have sold for 8.4% more than they did a year ago.
Summary: The median home sold price in Gualala was $835,000 in May 2024, up 8.4% from last year, and the median price per square foot was $500.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $950K | - | N/A |
| 2 Bedrooms | $755K | $805K | +6.6% |
| 3 Bedrooms | $825K | $1.0M | +31.5% |
| 4 Bedrooms | $847.5K | $168.7K | -80.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: Gualala 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 6.6%, 3 bedroom homes increased by 31.5%, 4 bedroom homes decreased by 80.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Gualala | $770.5K | $835K | +8.4% |
| Russian River-Sonoma Coast | $796K | $800K | 0.5% |
Housing Supply in Gualala, CA
How many homes are available in Gualala, CA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 25 | 34 | +36.0% |
Summary: The Gualala real estate market had 34 homes for sale in May 2024, a 36.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 4 | +300.0% |
| 2 Bedrooms | 9 | 15 | +66.7% |
| 3 Bedrooms | 13 | 12 | -7.7% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Gualala housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 300%, 2 bedroom homes increased by 66.7%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 100%, 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 Gualala, 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 Gualala 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 Gualala, 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.