Is Del Sur, 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, Del Sur has remained a Seller's Market.
Key Takeaway
Del Sur is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Del Sur, CA
How much do homes in Del Sur, CA cost?
Median Sold Price
$1,475,000
$697/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Del Sur have sold for 1.7% less than they did a year ago.
Summary: The median home sold price in Del Sur was $1,475,000 in April 2024, down 1.7% from last year, and the median price per square foot was $697.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $1.1M | $1.2M | +2.9% |
| 3 Bedrooms | $1.3M | $1.2M | -5.0% |
| 4 Bedrooms | $1.6M | $1.9M | +22.4% |
| 5+ Bedrooms | $2.7M | $3.5M | +29.3% |
Summary: Del Sur 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 2.9%, 3 bedroom homes decreased by 5%, 4 bedroom homes increased by 22.4%, and 5+ bedroom homes increased by 29.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Black Mountain Ranch | $2.2M | $2.5M | +10.4% |
| Del Sur | $1.5M | $1.4M | -1.7% |
Housing Supply in Del Sur, CA
How many homes are available in Del Sur, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 22 | 33 | +50.0% |
Summary: The Del Sur real estate market had 33 homes for sale in April 2024, a 50.0% 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 | 1 | 3 | +200.0% |
| 3 Bedrooms | 5 | 8 | +60.0% |
| 4 Bedrooms | 10 | 15 | +50.0% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Del Sur 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 increased by 200%, 3 bedroom homes increased by 60%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Del Sur, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Del Sur in April 2024, up by 14.3% month-over-month. Of the 8 sold homes, 13% were sold under asking, 13% were sold at asking, and 75% were sold over asking.
Days on Market for Del Sur, CA
How long does it take to sell a home in Del Sur, CA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 21 Days | 7 Days | -66.8% |
Summary: Homes in Del Sur had an average of 7 days on market in Apr 2024, down by 66.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Del Sur are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 8 homes were sold in Del Sur; 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.
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.