Is Lake Berryessa, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Lake Berryessa has remained a Seller's Market.
Key Takeaway
Lake Berryessa is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lake Berryessa, CA
How much do homes in Lake Berryessa, CA cost?
Median Sold Price
$475,000
$283/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since May 2023.
Key Takeaway
The sold price of homes in Lake Berryessa has remained the same since last year.
Summary: The median home sold price in Lake Berryessa was $475,000 in May 2024, the same as last year, and the median price per square foot was $283.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $388K | N/A |
| 2 Bedrooms | $265K | $348.7K | +31.6% |
| 3 Bedrooms | $475K | $502.5K | +5.8% |
| 4 Bedrooms | $436.7K | $517.5K | +18.5% |
| 5+ Bedrooms | $620K | - | N/A |
Summary: Lake Berryessa 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 31.6%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 18.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Lake Berryessa | $475K | $475K | 0.0% |
| Angwin | $1.3M | $1.2M | -7.7% |
Housing Supply in Lake Berryessa, CA
How many homes are available in Lake Berryessa, CA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 11 | 14 | +27.3% |
Summary: The Lake Berryessa real estate market had 14 homes for sale in May 2024, a 27.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 9 | 10 | +11.1% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lake Berryessa 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 100%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Lake Berryessa, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Lake Berryessa in May 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Lake Berryessa, CA
We’re sorry, we don't have information for this market at the moment
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