Is California City, 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, California City has remained a Seller's Market.
Housing Prices in California City, CA
How much do homes in California City, CA cost?
Median Sold Price
$295,000
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in California City was $295,000 in May 2024, up 4.6% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $75K | - | N/A |
2 Bedrooms | $165K | $224.9K | +36.4% |
3 Bedrooms | $270K | $283.5K | +5.0% |
4 Bedrooms | $320K | $340K | +6.3% |
5+ Bedrooms | $319K | $350K | +9.7% |
Summary: California City 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 36.4%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 9.7%.
Housing Supply in California City, CA
How many homes are available in California City, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
66 | 70 | +6.1% |
Summary: The California City real estate market had 70 homes for sale in May 2024, a 6.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 34 | 39 | +14.7% |
4 Bedrooms | 23 | 22 | -4.3% |
5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The California City 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 decreased by 50%, 3 bedroom homes increased by 14.7%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
15 | 12 | -20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in California City in May 2024, down by 20.0% month-over-month. Of the 12 sold homes, 17% were sold under asking, 50% were sold at asking, and 33% were sold over asking.
Days on Market for California City, CA
How long does it take to sell a home in California City, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
28 Days | 52 Days | +85.7% |
Summary: Homes in California City had an average of 52 days on market in May 2024, up by 85.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 12 homes were sold in California City; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.