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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Berryessa is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Berryessa, CA

How much do homes in Berryessa, CA cost?

Median Sold Price

$1,454,000

$852/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$127,500(+9.6%)

Key Takeaway

Homes in Berryessa have sold for 9.6% more than they did a year ago.

Summary: The median home sold price in Berryessa was $1,454,000 in May 2024, up 9.6% from last year, and the median price per square foot was $852.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $430K$430K
0.0%
2 $625K$713.5K
+14.2%
3 $1.3M$1.5M
+14.4%
4 $1.4M$1.7M
+17.2%
5+ $1.8M$1.6M
-10.2%

Summary: 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 14.2%, 3 bedroom homes increased by 14.4%, 4 bedroom homes increased by 17.2%, and 5+ bedroom homes decreased by 10.2%.

Housing Supply in Berryessa, CA

How many homes are available in Berryessa, CA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
6070+16.7%

Summary: The Berryessa real estate market had 70 homes for sale in May 2024, a 16.7% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 33
0.0%
2 1317
+30.8%
3 1824
+33.3%
4 2422
-8.3%
5+ 24
+100.0%

Summary: The 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 30.8%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
2233+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

28 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Berryessa, you could pay more than the asking price. 87.5% of homes here sold above asking price last month.

Summary: A total of 33 homes were sold or pending in Berryessa in May 2024, up by 50.0% month-over-month. Of the 32 sold homes, 6% were sold under asking, 6% were sold at asking, and 88% were sold over asking.

Days on Market for Berryessa, CA

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

Average Sale Time

May 2023May 2024CHANGE
25 Days13 Days-47.2%

Summary: Homes in Berryessa had an average of 13 days on market in May 2024, down by 47.2% compared to last year.

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 33 homes were sold in Berryessa; 91% of homes were sold within 30 days, 9% 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 15 Days Ago

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