Is DRNAG, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, DRNAG was a Seller's Market.
Key Takeaway
DRNAG is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in DRNAG, CA
How much do homes in DRNAG, CA cost?
Median Sold Price
$460,000
$339/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in DRNAG have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in DRNAG was $460,000 in April 2024, up 4.3% from last year, and the median price per square foot was $339.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $180K | $200K | +11.1% |
| 2 Bedrooms | $299.9K | $300.5K | 0.2% |
| 3 Bedrooms | $450K | $460K | +2.2% |
| 4 Bedrooms | $505.2K | $535K | +5.9% |
| 5+ Bedrooms | $542K | $605K | +11.6% |
Summary: DRNAG housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 0.2%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 11.6%.
Median Sold Price Compared To Nearby Neighborhoods
| DRNAG | $441K | $460K | +4.3% |
| Hi-30 | $492.5K | $509.9K | +3.5% |
| Belvedere | $496K | $482.5K | -2.7% |
Housing Supply in DRNAG, CA
How many homes are available in DRNAG, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 53 | 49 | -7.5% |
Summary: The DRNAG real estate market had 49 homes for sale in April 2024, a 7.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 9 | 7 | -22.2% |
| 3 Bedrooms | 26 | 28 | +7.7% |
| 4 Bedrooms | 7 | 4 | -42.9% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The DRNAG 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 decreased by 22.2%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 16 | 8 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in DRNAG, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 8 homes were sold or pending in DRNAG in April 2024, down by 50.0% month-over-month. Of the 8 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for DRNAG, CA
How long does it take to sell a home in DRNAG, CA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 32 Days | 37 Days | +15.0% |
Summary: Homes in DRNAG had an average of 37 days on market in Apr 2024, up by 15% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in DRNAG are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 8 homes were sold in DRNAG; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% 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.