Is Adelanto, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
Since last year, Adelanto has remained a Seller's Market.
Housing Prices in Adelanto, CA
How much do homes in Adelanto, CA cost?
Median Sold Price
$368,500
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Summary: The median home sold price in Adelanto was $368,500 in November 2023, down 1.7% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | - | $117.5K | N/A |
2 Bedrooms | $245K | $265K | +8.2% |
3 Bedrooms | $358.5K | $351K | -2.1% |
4 Bedrooms | $390K | $386.5K | -0.9% |
5+ Bedrooms | $418K | $420K | 0.5% |
Summary: Adelanto housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.2%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes increased by 0.5%.
Median Sold Price Compared To Nearby Cities
Victorville | $410K | $411.5K | 0.4% |
Victorville-Hesperia | $414.8K | $411.6K | -0.8% |
Adelanto | $375K | $368.5K | -1.7% |
Phelan | $462.5K | $444.7K | -3.8% |
Housing Supply in Adelanto, CA
How many homes are available in Adelanto, CA?
Number of Homes For Sale
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
113 | 107 | -5.3% |
Summary: The Adelanto real estate market had 107 homes for sale in November 2023, a 5.3% decrease compared to October 2023.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 9 | 11 | +22.2% |
3 Bedrooms | 40 | 34 | -15.0% |
4 Bedrooms | 45 | 45 | 0.0% |
5+ Bedrooms | 16 | 15 | -6.3% |
Summary: The Adelanto housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 22.2%, 3 bedroom homes decreased by 15%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 6.3%.
Number of Homes Sold
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
19 | 24 | +26.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Adelanto in November 2023, up by 26.3% month-over-month. Of the 24 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Adelanto, CA
How long does it take to sell a home in Adelanto, CA?
Average Sale Time
Nov 2022 | Nov 2023 | CHANGE |
---|---|---|
29 Days | 34 Days | +15.2% |
Summary: Homes in Adelanto had an average of 34 days on market in Nov 2023, up by 15.2% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During November 2023, 24 homes were sold in Adelanto; 67% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.