Is Llagas-Uvas, 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, Llagas-Uvas was a Seller's Market.
Housing Prices in Llagas-Uvas, CA
How much do homes in Llagas-Uvas, CA cost?
Median Sold Price
$1,550,000
$576/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Llagas-Uvas was $1,550,000 in May 2024, up 6.9% from last year, and the median price per square foot was $576.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $749K | $375K | -49.9% |
2 Bedrooms | $1.3M | $450K | -66.7% |
3 Bedrooms | $1.3M | $1.4M | +11.1% |
4 Bedrooms | $1.3M | $1.5M | +11.1% |
5+ Bedrooms | $1.8M | $3.5M | +93.2% |
Summary: Llagas-Uvas housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 49.9%, 2 bedroom homes decreased by 66.7%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 93.2%.
Median Sold Price Compared To Nearby Cities
Summit Road | $1.4M | $1.7M | +16.0% |
San Martin | $1.4M | $1.6M | +9.3% |
Llagas-Uvas | $1.4M | $1.5M | +6.9% |
Gilroy | $999.5K | $1.0M | +5.9% |
South Santa Clara Valley | $1.1M | $1.2M | +4.3% |
Housing Supply in Llagas-Uvas, CA
How many homes are available in Llagas-Uvas, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 19 | +72.7% |
Summary: The Llagas-Uvas real estate market had 19 homes for sale in May 2024, a 72.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 1 | 2 | +100.0% |
4 Bedrooms | 5 | 9 | +80.0% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Llagas-Uvas housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 80%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Llagas-Uvas in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Llagas-Uvas, CA
How long does it take to sell a home in Llagas-Uvas, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
17 Days | 76 Days | +346.7% |
Summary: Homes in Llagas-Uvas had an average of 76 days on market in May 2024, up by 346.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Llagas-Uvas; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.