Is Bonsall, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bonsall is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Bonsall has remained a Seller's Market.

Key Takeaway

Bonsall is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Bonsall, CA

How much do homes in Bonsall, CA cost?

Median Sold Price

$800,000

$424/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$68,000(-7.8%)

Key Takeaway

Homes in Bonsall have sold for 7.8% less than they did a year ago.

Summary: The median home sold price in Bonsall was $800,000 in April 2024, down 7.8% from last year, and the median price per square foot was $424.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $355K$385K
+8.5%
2 $453.5K$480K
+5.8%
3 $710K$775.8K
+9.3%
4 $1.6M$1.2M
-24.6%
5+ $1.7M$1.6M
-7.0%

Summary: Bonsall housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.5%, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 9.3%, 4 bedroom homes decreased by 24.6%, and 5+ bedroom homes decreased by 7%.

Housing Supply in Bonsall, CA

How many homes are available in Bonsall, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
23230.0%

Summary: The Bonsall real estate market had 23 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 64
-33.3%
3 57
+40.0%
4 77
0.0%
5+ 55
0.0%

Summary: The Bonsall 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 33.3%, 3 bedroom homes increased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
770.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bonsall, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in Bonsall in April 2024, the same as the previous month. Of the 7 sold homes, 29% were sold under asking, 14% were sold at asking, and 57% were sold over asking.

Days on Market for Bonsall, CA

How long does it take to sell a home in Bonsall, CA?

Average Sale Time

Apr 2023Apr 2024CHANGE
60 Days30 Days-49.8%

Summary: Homes in Bonsall had an average of 30 days on market in Apr 2024, down by 49.8% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bonsall are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 7 homes were sold in Bonsall; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 6 Days Ago

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