Is Finisterra on the Lake, 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, Finisterra on the Lake was a Buyer's Market.
Housing Prices in Finisterra on the Lake, CA
How much do homes in Finisterra on the Lake, CA cost?
Median Sold Price
$1,340,000
$606/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Finisterra on the Lake was $1,340,000 in April 2024, up 9.8% from last year, and the median price per square foot was $606.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $1.0M | N/A |
3 Bedrooms | $1.1M | $1.2M | +5.3% |
4 Bedrooms | $1.2M | $1.2M | +6.0% |
5+ Bedrooms | $1.4M | $1.5M | +8.0% |
Summary: Finisterra on the Lake 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 did not change, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 8%.
Median Sold Price Compared To Nearby Neighborhoods
Finisterra on the Lake | $1.2M | $1.3M | +9.8% |
Mallorca | $875K | $950K | +8.6% |
Housing Supply in Finisterra on the Lake, CA
How many homes are available in Finisterra on the Lake, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 12 | -7.7% |
Summary: The Finisterra on the Lake real estate market had 12 homes for sale in April 2024, a 7.7% decrease 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 | 2 | 2 | 0.0% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Finisterra on the Lake 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 4 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Finisterra on the Lake in April 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Finisterra on the Lake, CA
How long does it take to sell a home in Finisterra on the Lake, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
9 Days | 22 Days | +136.8% |
Summary: Homes in Finisterra on the Lake had an average of 22 days on market in Apr 2024, up by 136.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Finisterra on the Lake; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.