Is Laytonville-Leggett, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Laytonville-Leggett is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Laytonville-Leggett has remained a Buyer's Market.

Key Takeaway

Laytonville-Leggett is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Laytonville-Leggett, CA

How much do homes in Laytonville-Leggett, CA cost?

Median Sold Price

$490,000

$306/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$730,000(-59.8%)

Key Takeaway

Homes in Laytonville-Leggett have sold for 59.8% less than they did a month ago.

Summary: The median home sold price in Laytonville-Leggett was $490,000 in May 2024, down 59.8% from last month, and the median price per square foot was $306.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 -$502K
N/A
2 -$490K
N/A
3 $1.8M-
N/A
4 $640K-
N/A
5+ --
N/A

Summary: Laytonville-Leggett housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Laytonville-Leggett, CA

How many homes are available in Laytonville-Leggett, CA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
3440+17.6%

Summary: The Laytonville-Leggett real estate market had 40 homes for sale in May 2024, a 17.6% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 1212
0.0%
2 68
+33.3%
3 1419
+35.7%
4 10
-100.0%
5+ 11
0.0%

Summary: The Laytonville-Leggett 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 35.7%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Laytonville-Leggett, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Laytonville-Leggett in May 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Laytonville-Leggett, CA

How long does it take to sell a home in Laytonville-Leggett, CA?

Average Sale Time

Apr 2024May 2024CHANGE
11 Days185 Days+1581.8%

Summary: Homes in Laytonville-Leggett had an average of 185 days on market in May 2024, up by 1581.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Laytonville-Leggett are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During May 2024, 3 homes were sold in Laytonville-Leggett; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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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