Is Gerber, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gerber is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Gerber has remained a Seller's Market.

Key Takeaway

Gerber is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Gerber, CA

How much do homes in Gerber, CA cost?

Median Sold Price

$325,000

$268/sqft

Based on all homes sold in June 2024.

Difference Since Last Month

+$8,500(+2.7%)

Key Takeaway

Homes in Gerber have sold for 2.7% more than they did a month ago.

Summary: The median home sold price in Gerber was $325,000 in June 2024, up 2.7% from last month, and the median price per square foot was $268.

Median Sold Price By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 --
N/A
2 -$325K
N/A
3 $316.5K-
N/A
4 --
N/A
5+ --
N/A

Summary: Gerber housing prices by bedroom type for June 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Gerber, CA

How many homes are available in Gerber, CA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
96-33.3%

Summary: The Gerber real estate market had 6 homes for sale in June 2024, a 33.3% decrease compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 22
0.0%
3 63
-50.0%
4 00
0.0%
5+ 11
0.0%

Summary: The Gerber housing inventory by bedroom type for June 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

May 2024Jun 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gerber, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Gerber in June 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Gerber, CA

How long does it take to sell a home in Gerber, CA?

Average Sale Time

May 2024Jun 2024CHANGE
49 Days66 Days+34.8%

Summary: Homes in Gerber had an average of 66 days on market in Jun 2024, up by 34.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Gerber has remained consistent over time.

Summary: During June 2024, 2 homes were sold in Gerber; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 26 Days Ago

Newest Listings in Gerber, CA

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