Is Avalon, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Avalon has remained a Seller's Market.
Housing Prices in Avalon, CA
How much do homes in Avalon, CA cost?
Median Sold Price
$999,000
$871/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Avalon was $999,000 in June 2024, down 5.1% from last year, and the median price per square foot was $871.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $975K | N/A |
2 Bedrooms | $825K | $930K | +12.7% |
3 Bedrooms | $965K | $999K | +3.5% |
4 Bedrooms | $1.0M | $875K | -16.7% |
5+ Bedrooms | $3.0M | $1.2M | -57.8% |
Summary: Avalon housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.7%, 3 bedroom homes increased by 3.5%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 57.8%.
Median Sold Price Compared To Nearby Cities
Palos Verdes | $1.7M | $1.7M | +2.5% |
Avalon | $1.0M | $999K | -5.1% |
Housing Supply in Avalon, CA
How many homes are available in Avalon, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
10 | 17 | +70.0% |
Summary: The Avalon real estate market had 17 homes for sale in June 2024, a 70.0% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 3 | 6 | +100.0% |
3 Bedrooms | 3 | 4 | +33.3% |
4 Bedrooms | 0 | 2 | +100.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Avalon housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Avalon in June 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Avalon, CA
How long does it take to sell a home in Avalon, CA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
6 Days | 83 Days | +1176.9% |
Summary: Homes in Avalon had an average of 83 days on market in Jun 2024, up by 1176.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During June 2024, 3 homes were sold in Avalon; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.