Is Bay Park, 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, Bay Park has remained a Seller's Market.
Housing Prices in Bay Park, CA
How much do homes in Bay Park, CA cost?
Median Sold Price
$1,334,000
$778/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Bay Park was $1,334,000 in April 2024, up 4.8% from last year, and the median price per square foot was $778.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $472.5K | $482K | +2.0% |
2 Bedrooms | $650K | $722.5K | +11.2% |
3 Bedrooms | $1.3M | $1.3M | +0.7% |
4 Bedrooms | $1.5M | $1.5M | +5.9% |
5+ Bedrooms | $1.7M | $1.8M | +3.6% |
Summary: Bay Park 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 11.2%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 3.6%.
Median Sold Price Compared To Nearby Neighborhoods
Clairemont Mesa West | $995K | $1.1M | +12.0% |
Morena | $705.9K | $755K | +6.9% |
Bay Park | $1.2M | $1.3M | +4.8% |
Linda Vista | $700K | $723.8K | +3.4% |
Housing Supply in Bay Park, CA
How many homes are available in Bay Park, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
32 | 34 | +6.3% |
Summary: The Bay Park real estate market had 34 homes for sale in April 2024, a 6.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 6 | 5 | -16.7% |
3 Bedrooms | 11 | 13 | +18.2% |
4 Bedrooms | 12 | 12 | 0.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Bay Park 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 16.7%, 3 bedroom homes increased by 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 10 | -28.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Bay Park in April 2024, down by 28.6% month-over-month. Of the 10 sold homes, 30% were sold under asking, 10% were sold at asking, and 60% were sold over asking.
Days on Market for Bay Park, CA
How long does it take to sell a home in Bay Park, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
9 Days | 9 Days | -7.3% |
Summary: Homes in Bay Park had an average of 9 days on market in Apr 2024, down by 7.3% 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
Summary: During April 2024, 10 homes were sold in Bay Park; 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.