Is Adelanto, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
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
$383,000
$235/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Adelanto was $383,000 in March 2024, up 3.4% from last year, and the median price per square foot was $235.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $117.5K | N/A |
2 Bedrooms | $270K | $275K | +1.9% |
3 Bedrooms | $350K | $360K | +2.9% |
4 Bedrooms | $386.5K | $400K | +3.5% |
5+ Bedrooms | $418K | $420K | 0.5% |
Summary: Adelanto housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 0.5%.
Median Sold Price Compared To Nearby Cities
Adelanto | $370.3K | $383K | +3.4% |
Victorville | $410.3K | $420K | +2.4% |
Victorville-Hesperia | $414.3K | $420K | +1.4% |
Phelan | $450K | $454.5K | +1.0% |
Housing Supply in Adelanto, CA
How many homes are available in Adelanto, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
87 | 92 | +5.7% |
Summary: The Adelanto real estate market had 92 homes for sale in March 2024, a 5.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 8 | 10 | +25.0% |
3 Bedrooms | 28 | 33 | +17.9% |
4 Bedrooms | 34 | 33 | -2.9% |
5+ Bedrooms | 15 | 13 | -13.3% |
Summary: The Adelanto housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 17.9%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes decreased by 13.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 25 | +47.1% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Adelanto in March 2024, up by 47.1% month-over-month. Of the 25 sold homes, 36% were sold under asking, 24% were sold at asking, and 40% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
57 Days | 40 Days | -30.1% |
Summary: Homes in Adelanto had an average of 40 days on market in Mar 2024, down by 30.1% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 25 homes were sold in Adelanto; 56% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.