Is Redwood Valley-Potter Valley, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Redwood Valley-Potter Valley was a Buyer's Market.
Housing Prices in Redwood Valley-Potter Valley, CA
How much do homes in Redwood Valley-Potter Valley, CA cost?
Median Sold Price
$540,000
$330/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Redwood Valley-Potter Valley was $540,000 in April 2024, down 12.9% from last year, and the median price per square foot was $330.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $245K | $210K | -14.3% |
2 Bedrooms | $505K | $412.5K | -18.3% |
3 Bedrooms | $615K | $550K | -10.6% |
4 Bedrooms | $748.5K | $605K | -19.2% |
5+ Bedrooms | $912K | $1.8M | +103.7% |
Summary: Redwood Valley-Potter Valley housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.3%, 2 bedroom homes decreased by 18.3%, 3 bedroom homes decreased by 10.6%, 4 bedroom homes decreased by 19.2%, and 5+ bedroom homes increased by 103.7%.
Median Sold Price Compared To Nearby Cities
Mendocino | $871.7K | $815K | -6.5% |
Redwood Valley-Potter Valley | $619.7K | $540K | -12.9% |
Housing Supply in Redwood Valley-Potter Valley, CA
How many homes are available in Redwood Valley-Potter Valley, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 44 | +22.2% |
Summary: The Redwood Valley-Potter Valley real estate market had 44 homes for sale in April 2024, a 22.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 21 | 25 | +19.0% |
4 Bedrooms | 7 | 10 | +42.9% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Redwood Valley-Potter Valley housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 19%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 8 | +100.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Redwood Valley-Potter Valley in April 2024, up by 100.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.
Days on Market for Redwood Valley-Potter Valley, CA
We’re sorry, we don't have information for this market at the moment