$5,819 Closing Credit*
$490,000
1,408 SqFt
3 Beds
•1 Full Bath
Bryan Ciapessoni, Listing Office: Iron Key Real Estate
Is Caruthers-Raisin City, 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, Caruthers-Raisin City has remained a Seller's Market.
Key Takeaway
Caruthers-Raisin City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Caruthers-Raisin City, CA
How much do homes in Caruthers-Raisin City, CA cost?
Median Sold Price
$365,000
$224/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$41,250(+12.7%)
Key Takeaway
Homes in Caruthers-Raisin City have sold for 12.7% more than they did a year ago.
Summary: The median home sold price in Caruthers-Raisin City was $365,000 in August 2024, up 12.7% from last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $175K | N/A |
| 2 Bedrooms | $458K | $195K | -57.4% |
| 3 Bedrooms | $315K | $367.7K | +16.7% |
| 4 Bedrooms | $407K | $509K | +25.1% |
| 5+ Bedrooms | - | $542.5K | N/A |
Summary: Caruthers-Raisin City housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 57.4%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 25.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Caruthers-Raisin City | $323.7K | $365K | +12.7% |
| Caruthers | $320K | $292.5K | -8.6% |
Housing Supply in Caruthers-Raisin City, CA
How many homes are available in Caruthers-Raisin City, CA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 14 | 13 | -7.1% |
Summary: The Caruthers-Raisin City real estate market had 13 homes for sale in August 2024, a 7.1% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 4 | 6 | +50.0% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Caruthers-Raisin City housing inventory by bedroom type for August 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 50%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Caruthers-Raisin City, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Caruthers-Raisin City in August 2024, up by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Caruthers-Raisin City, CA
How long does it take to sell a home in Caruthers-Raisin City, CA?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 26 Days | 61 Days | +130.2% |
Summary: Homes in Caruthers-Raisin City had an average of 61 days on market in Aug 2024, up by 130.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Caruthers-Raisin City are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 4 homes were sold in Caruthers-Raisin City; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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.