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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gualala is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Gualala was a Seller's Market.

Key Takeaway

Gualala is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Gualala, CA

How much do homes in Gualala, CA cost?

Median Sold Price

$757,500

$484/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$90,000(-10.6%)

Key Takeaway

Homes in Gualala have sold for 10.6% less than they did a year ago.

Summary: The median home sold price in Gualala was $757,500 in March 2024, down 10.6% from last year, and the median price per square foot was $484.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $897.7K-
N/A
2 $760K$765K
+0.7%
3 $900K$1.0M
+16.4%
4 $1.3M$165K
-87.8%
5+ --
N/A

Summary: Gualala 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 0.7%, 3 bedroom homes increased by 16.4%, 4 bedroom homes decreased by 87.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Russian River-Sonoma Coast
-2.8%
Gualala
-10.6%

Housing Supply in Gualala, CA

How many homes are available in Gualala, CA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2024+20.0%

Summary: The Gualala real estate market had 24 homes for sale in March 2024, a 20.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 12
+100.0%
2 46
+50.0%
3 1314
+7.7%
4 11
0.0%
5+ 11
0.0%

Summary: The Gualala housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gualala, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Gualala in March 2024, up by 300.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Gualala, CA

We’re sorry, we don't have information for this market at the moment

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

Report Updated 19 Days Ago

Newest Listings in Gualala, CA

Nearby Markets to Gualala, CA

What housing markets are near Gualala, CA?