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

Last month, Gerber was a Buyer'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

$316,500

$176/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$82,500(-20.7%)

Key Takeaway

Homes in Gerber have sold for 20.7% less than they did a month ago.

Summary: The median home sold price in Gerber was $316,500 in May 2024, down 20.7% from last month, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 $399K$316.5K
-20.7%
4 --
N/A
5+ --
N/A

Summary: Gerber housing prices by bedroom type for May 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 decreased by 20.7%, 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

Apr 2024May 2024CHANGE
98-11.1%

Summary: The Gerber real estate market had 8 homes for sale in May 2024, a 11.1% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 22
0.0%
3 76
-14.3%
4 00
0.0%
5+ 00
0.0%

Summary: The Gerber housing inventory by bedroom type for May 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 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gerber, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Gerber in May 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% 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

Apr 2024May 2024CHANGE
6 Days49 Days+722.2%

Summary: Homes in Gerber had an average of 49 days on market in May 2024, up by 722.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 May 2024, 3 homes were sold in Gerber; 33% of homes were sold within 30 days, 67% 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 12 Days Ago

Newest Listings in Gerber, CA

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