$4,394 Closing Credit*
$370,000
1,440 SqFt
4 Beds
•2 Full Baths
Laura Ramirez, Listing Office: Realty One Group Infinity
Is Blossom Valley, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Blossom Valley has remained a Seller's Market.
Key Takeaway
Blossom Valley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Blossom Valley, CA
How much do homes in Blossom Valley, CA cost?
Median Sold Price
$1,437,500
$825/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$193,500(+15.6%)
Key Takeaway
Homes in Blossom Valley have sold for 15.6% more than they did a year ago.
Summary: The median home sold price in Blossom Valley was $1,437,500 in August 2024, up 15.6% from last year, and the median price per square foot was $825.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $529K | $624.9K | +18.1% |
| 2 Bedrooms | $640K | $715K | +11.7% |
| 3 Bedrooms | $1.2M | $1.3M | +15.1% |
| 4 Bedrooms | $1.3M | $1.5M | +13.7% |
| 5+ Bedrooms | $1.4M | $1.6M | +11.4% |
Summary: Blossom Valley housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.1%, 2 bedroom homes increased by 11.7%, 3 bedroom homes increased by 15.1%, 4 bedroom homes increased by 13.7%, and 5+ bedroom homes increased by 11.4%.
Housing Supply in Blossom Valley, CA
How many homes are available in Blossom Valley, CA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 90 | 80 | -11.1% |
Summary: The Blossom Valley real estate market had 80 homes for sale in August 2024, a 11.1% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 0 | -100.0% |
| 2 Bedrooms | 17 | 15 | -11.8% |
| 3 Bedrooms | 28 | 27 | -3.6% |
| 4 Bedrooms | 32 | 32 | 0.0% |
| 5+ Bedrooms | 11 | 6 | -45.5% |
Summary: The Blossom Valley housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 11.8%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 45.5%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 36 | 27 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Blossom Valley, you could pay more than the asking price. 96% of homes here sold above asking price last month.
Summary: A total of 27 homes were sold or pending in Blossom Valley in August 2024, down by 25.0% month-over-month. Of the 25 sold homes, 4% were sold under asking, 0% were sold at asking, and 96% were sold over asking.
Days on Market for Blossom Valley, CA
How long does it take to sell a home in Blossom Valley, CA?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 12 Days | 14 Days | +9.5% |
Summary: Homes in Blossom Valley had an average of 14 days on market in Aug 2024, up by 9.5% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Blossom Valley are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 27 homes were sold in Blossom Valley; 89% of homes were sold within 30 days, 11% 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.