Is Fairgrounds, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Fairgrounds has remained a Seller's Market.
Housing Prices in Fairgrounds, CA
How much do homes in Fairgrounds, CA cost?
Median Sold Price
$980,000
$702/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Fairgrounds was $980,000 in March 2024, up 3.2% from last year, and the median price per square foot was $702.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $530K | $490K | -7.5% |
2 Bedrooms | $685K | $725K | +5.8% |
3 Bedrooms | $1.0M | $1.0M | -2.3% |
4 Bedrooms | $1.2M | $1.2M | +5.4% |
5+ Bedrooms | $1.2M | $1.4M | +14.1% |
Summary: Fairgrounds housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.5%, 2 bedroom homes increased by 5.8%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 14.1%.
Housing Supply in Fairgrounds, CA
How many homes are available in Fairgrounds, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
76 | 83 | +9.2% |
Summary: The Fairgrounds real estate market had 83 homes for sale in March 2024, a 9.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 6 | +100.0% |
2 Bedrooms | 26 | 23 | -11.5% |
3 Bedrooms | 29 | 32 | +10.3% |
4 Bedrooms | 14 | 17 | +21.4% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Fairgrounds housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 11.5%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
27 | 28 | +3.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
25 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in Fairgrounds in March 2024, up by 3.7% month-over-month. Of the 27 sold homes, 4% were sold under asking, 4% were sold at asking, and 93% were sold over asking.
Days on Market for Fairgrounds, CA
How long does it take to sell a home in Fairgrounds, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
12 Days | 22 Days | +79.3% |
Summary: Homes in Fairgrounds had an average of 22 days on market in Mar 2024, up by 79.3% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 28 homes were sold in Fairgrounds; 82% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.