Is Hidden Valley Lake, 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, Hidden Valley Lake was a Seller's Market.
Housing Prices in Hidden Valley Lake, CA
How much do homes in Hidden Valley Lake, CA cost?
Median Sold Price
$375,000
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Hidden Valley Lake was $375,000 in May 2024, down 3.8% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $306K | $305K | -0.3% |
3 Bedrooms | $389K | $365K | -6.2% |
4 Bedrooms | $515K | $489K | -5.0% |
5+ Bedrooms | $570K | $550K | -3.5% |
Summary: Hidden Valley Lake 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 decreased by 0.3%, 3 bedroom homes decreased by 6.2%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes decreased by 3.5%.
Median Sold Price Compared To Nearby Cities
Lower Lake | $424.7K | $447.5K | +5.4% |
Hidden Valley Lake | $389.9K | $375K | -3.8% |
Middletown | $390K | $375K | -3.8% |
Housing Supply in Hidden Valley Lake, CA
How many homes are available in Hidden Valley Lake, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
88 | 91 | +3.4% |
Summary: The Hidden Valley Lake real estate market had 91 homes for sale in May 2024, a 3.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 8 | 11 | +37.5% |
3 Bedrooms | 61 | 57 | -6.6% |
4 Bedrooms | 8 | 12 | +50.0% |
5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Hidden Valley Lake 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 37.5%, 3 bedroom homes decreased by 6.6%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
16 | 14 | -12.5% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Hidden Valley Lake in May 2024, down by 12.5% month-over-month. Of the 14 sold homes, 64% were sold under asking, 21% were sold at asking, and 14% were sold over asking.
Days on Market for Hidden Valley Lake, CA
How long does it take to sell a home in Hidden Valley Lake, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
64 Days | 78 Days | +21.0% |
Summary: Homes in Hidden Valley Lake had an average of 78 days on market in May 2024, up by 21% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During May 2024, 14 homes were sold in Hidden Valley Lake; 36% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.