Is Baker Ranch, 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, Baker Ranch has remained a Seller's Market.
Housing Prices in Baker Ranch, CA
How much do homes in Baker Ranch, CA cost?
Median Sold Price
$1,655,000
$693/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Baker Ranch was $1,655,000 in April 2024, up 14.2% from last year, and the median price per square foot was $693.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $805K | $870K | +8.1% |
3 Bedrooms | $1.1M | $1.2M | +10.4% |
4 Bedrooms | $1.4M | $1.6M | +15.4% |
5+ Bedrooms | $1.9M | $2.0M | +4.6% |
Summary: Baker Ranch housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.1%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 4.6%.
Median Sold Price Compared To Nearby Neighborhoods
Baker Ranch | $1.4M | $1.6M | +14.2% |
Orange County Great Park | $1.5M | $1.5M | +4.6% |
Foothill Ranch | $836.5K | $841.5K | +0.6% |
Rancho de Los Alisos | $740K | $677.5K | -8.4% |
Housing Supply in Baker Ranch, CA
How many homes are available in Baker Ranch, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 23 | -14.8% |
Summary: The Baker Ranch real estate market had 23 homes for sale in April 2024, a 14.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 0 | -100.0% |
3 Bedrooms | 6 | 7 | +16.7% |
4 Bedrooms | 11 | 9 | -18.2% |
5+ Bedrooms | 9 | 7 | -22.2% |
Summary: The Baker Ranch housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 10 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Baker Ranch in April 2024, the same as the previous month. Of the 10 sold homes, 10% were sold under asking, 0% were sold at asking, and 90% were sold over asking.
Days on Market for Baker Ranch, CA
How long does it take to sell a home in Baker Ranch, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
22 Days | 32 Days | +45.2% |
Summary: Homes in Baker Ranch had an average of 32 days on market in Apr 2024, up by 45.2% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Baker Ranch; 80% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.