Is Greenfield-Panama, 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, Greenfield-Panama has remained a Seller's Market.
Housing Prices in Greenfield-Panama, CA
How much do homes in Greenfield-Panama, CA cost?
Median Sold Price
$450,000
$234/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Greenfield-Panama was $450,000 in March 2024, up 5.3% from last year, and the median price per square foot was $234.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $261K | $586.5K | +124.7% |
3 Bedrooms | $390K | $409K | +4.9% |
4 Bedrooms | $445K | $467.5K | +5.1% |
5+ Bedrooms | $802.5K | $495K | -38.3% |
Summary: Greenfield-Panama housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 124.7%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes decreased by 38.3%.
Median Sold Price Compared To Nearby Cities
Greenfield-Panama | $427.5K | $450K | +5.3% |
West Kern | $350K | $326K | -6.9% |
Housing Supply in Greenfield-Panama, CA
How many homes are available in Greenfield-Panama, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
36 | 36 | 0.0% |
Summary: The Greenfield-Panama real estate market had 36 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 15 | 15 | 0.0% |
4 Bedrooms | 16 | 17 | +6.3% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Greenfield-Panama housing inventory by bedroom type for March 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 increased by 6.3%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 8 | -33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Greenfield-Panama in March 2024, down by 33.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 13% were sold at asking, and 38% were sold over asking.
Days on Market for Greenfield-Panama, CA
How long does it take to sell a home in Greenfield-Panama, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
32 Days | 42 Days | +28.4% |
Summary: Homes in Greenfield-Panama had an average of 42 days on market in Mar 2024, up by 28.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in Greenfield-Panama; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.