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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Buellton is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Buellton was a Seller's Market.

Key Takeaway

Buellton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Buellton, CA

How much do homes in Buellton, CA cost?

Median Sold Price

$845,000

$534/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since March 2023.

Key Takeaway

The sold price of homes in Buellton has remained the same since last year.

Summary: The median home sold price in Buellton was $845,000 in March 2024, the same as last year, and the median price per square foot was $534.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $470K-
N/A
2 $650K$550K
-15.4%
3 $803K$822.5K
+2.4%
4 $975K$992K
+1.7%
5+ $966.2K$1.2M
+34.0%

Summary: Buellton housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15.4%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 34%.

Median Sold Price Compared To Nearby Cities

Solvang-Santa Ynez
+6.7%
Buellton
0.0%

Housing Supply in Buellton, CA

How many homes are available in Buellton, CA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1211-8.3%

Summary: The Buellton real estate market had 11 homes for sale in March 2024, a 8.3% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 46
+50.0%
4 85
-37.5%
5+ 00
0.0%

Summary: The Buellton housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Buellton, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Buellton in March 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Buellton, CA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
70 Days4 Days-94.3%

Summary: Homes in Buellton had an average of 4 days on market in Mar 2024, down by 94.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 1 homes were sold in Buellton; 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.

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

Report Updated 25 Days Ago

Newest Listings in Buellton, CA

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