Is De Luz, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, De Luz has remained a Buyer's Market.
Housing Prices in De Luz, CA
How much do homes in De Luz, CA cost?
Median Sold Price
$1,400,000
$444/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in De Luz was $1,400,000 in April 2024, up 7.7% from last year, and the median price per square foot was $444.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $730K | N/A |
2 Bedrooms | $770.2K | $879K | +14.1% |
3 Bedrooms | $1.2M | $962.5K | -22.2% |
4 Bedrooms | $1.4M | $1.5M | +5.7% |
5+ Bedrooms | $2.0M | $1.8M | -9.8% |
Summary: De Luz housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.1%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes decreased by 9.8%.
Housing Supply in De Luz, CA
How many homes are available in De Luz, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
30 | 32 | +6.7% |
Summary: The De Luz real estate market had 32 homes for sale in April 2024, a 6.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 10 | 11 | +10.0% |
4 Bedrooms | 10 | 10 | 0.0% |
5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The De Luz 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 remained the same, 3 bedroom homes increased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 4 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in De Luz in April 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for De Luz, CA
How long does it take to sell a home in De Luz, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
77 Days | 19 Days | -74.4% |
Summary: Homes in De Luz had an average of 19 days on market in Apr 2024, down by 74.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in De Luz; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.