Is Woodcrest, 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, Woodcrest has remained a Seller's Market.
Housing Prices in Woodcrest, CA
How much do homes in Woodcrest, CA cost?
Median Sold Price
$899,000
$328/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Woodcrest was $899,000 in May 2024, up 14.2% from last year, and the median price per square foot was $328.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $506K | $677.5K | +33.9% |
3 Bedrooms | $682.5K | $699.9K | +2.5% |
4 Bedrooms | $840K | $853K | +1.5% |
5+ Bedrooms | $1.0M | $1.2M | +22.0% |
Summary: Woodcrest 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 33.9%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 22%.
Median Sold Price Compared To Nearby Neighborhoods
Woodcrest | $787.5K | $899K | +14.2% |
Alessandro Heights | $1.0M | $1.1M | +13.7% |
Mission Grove | $685K | $731K | +6.7% |
Orangecrest | $718.8K | $745K | +3.6% |
Housing Supply in Woodcrest, CA
How many homes are available in Woodcrest, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
71 | 61 | -14.1% |
Summary: The Woodcrest real estate market had 61 homes for sale in May 2024, a 14.1% decrease 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 | 2 | 0.0% |
3 Bedrooms | 16 | 15 | -6.3% |
4 Bedrooms | 31 | 26 | -16.1% |
5+ Bedrooms | 22 | 18 | -18.2% |
Summary: The Woodcrest 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 remained the same, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 16.1%, and 5+ bedroom homes decreased by 18.2%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
13 | 14 | +7.7% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Woodcrest in May 2024, up by 7.7% month-over-month. Of the 14 sold homes, 79% were sold under asking, 7% were sold at asking, and 14% were sold over asking.
Days on Market for Woodcrest, CA
How long does it take to sell a home in Woodcrest, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
24 Days | 18 Days | -25.8% |
Summary: Homes in Woodcrest had an average of 18 days on market in May 2024, down by 25.8% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 14 homes were sold in Woodcrest; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.