Is California City, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, California City has remained a Seller's Market.
Housing Prices in California City, CA
How much do homes in California City, CA cost?
Median Sold Price
$290,000
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in California City was $290,000 in March 2024, up 2.7% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $65K | - | N/A |
2 Bedrooms | $200K | $190K | -5.0% |
3 Bedrooms | $269K | $283.5K | +5.4% |
4 Bedrooms | $325K | $344.5K | +6.0% |
5+ Bedrooms | $319K | $319K | 0.0% |
Summary: California City 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 5%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
California City | $282.2K | $290K | +2.7% |
East Kern | $320K | $305K | -4.7% |
Housing Supply in California City, CA
How many homes are available in California City, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
60 | 67 | +11.7% |
Summary: The California City real estate market had 67 homes for sale in March 2024, a 11.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 35 | 35 | 0.0% |
4 Bedrooms | 19 | 24 | +26.3% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The California City 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 remained the same, 4 bedroom homes increased by 26.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 13 | +85.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in California City in March 2024, up by 85.7% month-over-month. Of the 13 sold homes, 23% were sold under asking, 15% were sold at asking, and 62% were sold over asking.
Days on Market for California City, CA
How long does it take to sell a home in California City, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
73 Days | 62 Days | -15.2% |
Summary: Homes in California City had an average of 62 days on market in Mar 2024, down by 15.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 13 homes were sold in California City; 38% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.