Is Cobb, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Cobb was a Seller's Market.
Key Takeaway
Cobb is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Cobb, CA
How much do homes in Cobb, CA cost?
Median Sold Price
$307,500
$233/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Cobb have sold for 2.4% less than they did a year ago.
Summary: The median home sold price in Cobb was $307,500 in June 2024, down 2.4% from last year, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $205.7K | $135K | -34.4% |
| 2 Bedrooms | $259.5K | $285K | +9.8% |
| 3 Bedrooms | $382.5K | $327K | -14.5% |
| 4 Bedrooms | $614.9K | $490K | -20.3% |
| 5+ Bedrooms | - | $820K | N/A |
Summary: Cobb housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 34.4%, 2 bedroom homes increased by 9.8%, 3 bedroom homes decreased by 14.5%, 4 bedroom homes decreased by 20.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Clearlake Riviera | $370K | $375K | +1.4% |
| Lower Lake | $436.5K | $435K | -0.3% |
| Middletown | $389K | $385K | -1.0% |
| Kelseyville | $382.4K | $375K | -1.9% |
| Cobb | $315K | $307.5K | -2.4% |
Housing Supply in Cobb, CA
How many homes are available in Cobb, CA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 40 | 50 | +25.0% |
Summary: The Cobb real estate market had 50 homes for sale in June 2024, a 25.0% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 14 | 18 | +28.6% |
| 3 Bedrooms | 22 | 26 | +18.2% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Cobb housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cobb, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Cobb in June 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Cobb, CA
How long does it take to sell a home in Cobb, CA?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 64 Days | 363 Days | +462.8% |
Summary: Homes in Cobb had an average of 363 days on market in Jun 2024, up by 462.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Cobb are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During June 2024, 1 homes were sold in Cobb; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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. 
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