Is Gustine, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Gustine has remained a Seller's Market.
Housing Prices in Gustine, CA
How much do homes in Gustine, CA cost?
Median Sold Price
$375,000
$237/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Gustine was $375,000 in June 2024, down 9.6% from last year, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $211K | - | N/A |
2 Bedrooms | $295K | $110.7K | -62.5% |
3 Bedrooms | $379.9K | $370K | -2.6% |
4 Bedrooms | $430K | $535K | +24.4% |
5+ Bedrooms | $600K | $500K | -16.7% |
Summary: Gustine housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 62.5%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 24.4%, and 5+ bedroom homes decreased by 16.7%.
Housing Supply in Gustine, CA
How many homes are available in Gustine, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
4 | 8 | +100.0% |
Summary: The Gustine real estate market had 8 homes for sale in June 2024, a 100.0% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 3 | 4 | +33.3% |
4 Bedrooms | 0 | 3 | +100.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Gustine 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 increased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Gustine in June 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Gustine, CA
How long does it take to sell a home in Gustine, CA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
32 Days | 33 Days | +1.5% |
Summary: Homes in Gustine had an average of 33 days on market in Jun 2024, up by 1.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 3 homes were sold in Gustine; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.