Is French Valley, 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, French Valley has remained a Seller's Market.
Housing Prices in French Valley, CA
How much do homes in French Valley, CA cost?
Median Sold Price
$672,870
$266/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in French Valley was $672,870 in April 2024, up 5.1% from last year, and the median price per square foot was $266.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $410K | $475K | +15.9% |
3 Bedrooms | $570K | $580K | +1.8% |
4 Bedrooms | $635K | $671K | +5.7% |
5+ Bedrooms | $730K | $735K | +0.7% |
Summary: French Valley 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 15.9%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 0.7%.
Housing Supply in French Valley, CA
How many homes are available in French Valley, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
100 | 89 | -11.0% |
Summary: The French Valley real estate market had 89 homes for sale in April 2024, a 11.0% 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 | 2 | 2 | 0.0% |
3 Bedrooms | 29 | 27 | -6.9% |
4 Bedrooms | 44 | 32 | -27.3% |
5+ Bedrooms | 25 | 28 | +12.0% |
Summary: The French Valley 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 decreased by 6.9%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes increased by 12%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
39 | 25 | -35.9% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in French Valley in April 2024, down by 35.9% month-over-month. Of the 25 sold homes, 28% were sold under asking, 32% were sold at asking, and 40% were sold over asking.
Days on Market for French Valley, CA
How long does it take to sell a home in French Valley, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
32 Days | 17 Days | -46.6% |
Summary: Homes in French Valley had an average of 17 days on market in Apr 2024, down by 46.6% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 25 homes were sold in French Valley; 76% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.