Is Allied Gardens, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Allied Gardens has remained a Seller's Market.
Key Takeaway
Allied Gardens is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Allied Gardens, CA
How much do homes in Allied Gardens, CA cost?
Median Sold Price
$910,000
$638/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Allied Gardens have sold for 1.1% more than they did a year ago.
Summary: The median home sold price in Allied Gardens was $910,000 in April 2024, up 1.1% from last year, and the median price per square foot was $638.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $399K | $407K | +2.0% |
| 2 Bedrooms | $570K | $585K | +2.6% |
| 3 Bedrooms | $889.4K | $905K | +1.8% |
| 4 Bedrooms | $1.0M | $1.0M | -2.0% |
| 5+ Bedrooms | $1.0M | $1.3M | +25.2% |
Summary: Allied Gardens housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2%, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 1.8%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes increased by 25.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Grantville | $450K | $517.5K | +15.0% |
| Del Cerro | $1.1M | $1.2M | +7.4% |
| Eastern San Diego | $867K | $916.4K | +5.7% |
| San Carlos | $955.5K | $1.0M | +5.2% |
| Allied Gardens | $900K | $910K | +1.1% |
Housing Supply in Allied Gardens, CA
How many homes are available in Allied Gardens, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 28 | 25 | -10.7% |
Summary: The Allied Gardens real estate market had 25 homes for sale in April 2024, a 10.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 14 | 14 | 0.0% |
| 4 Bedrooms | 9 | 4 | -55.6% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Allied Gardens housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 55.6%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Allied Gardens, you could pay more than the asking price. 70% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Allied Gardens in April 2024, the same as the previous month. Of the 10 sold homes, 30% were sold under asking, 0% were sold at asking, and 70% were sold over asking.
Days on Market for Allied Gardens, CA
How long does it take to sell a home in Allied Gardens, CA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 9 Days | 11 Days | +28.6% |
Summary: Homes in Allied Gardens had an average of 11 days on market in Apr 2024, up by 28.6% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Allied Gardens are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 10 homes were sold in Allied Gardens; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.