Is Hesperia, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
Since last year, Hesperia has remained a Seller's Market.
Key Takeaway
Hesperia is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hesperia, CA
How much do homes in Hesperia, CA cost?
Median Sold Price
$425,925
$244/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Hesperia have sold for 0.9% less than they did a year ago.
Summary: The median home sold price in Hesperia was $425,925 in November 2023, down 0.9% from last year, and the median price per square foot was $244.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $340.5K | $270K | -20.7% |
| 2 Bedrooms | $330K | $330K | 0.0% |
| 3 Bedrooms | $400K | $410K | +2.5% |
| 4 Bedrooms | $486.5K | $485K | -0.3% |
| 5+ Bedrooms | $495K | $505K | +2.0% |
Summary: Hesperia housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 20.7%, 2 bedroom homes did not change, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes increased by 2%.
Median Sold Price Compared To Nearby Cities
| Victorville | $410K | $411.5K | 0.4% |
| Apple Valley | $400.5K | $400K | -0.1% |
| Victorville-Hesperia | $414.8K | $411.6K | -0.8% |
| Hesperia | $430K | $425.9K | -0.9% |
| Lake Arrowhead | $508.7K | $500K | -1.7% |
Housing Supply in Hesperia, CA
How many homes are available in Hesperia, CA?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 326 | 290 | -11.0% |
Summary: The Hesperia real estate market had 290 homes for sale in November 2023, a 11.0% decrease compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 19 | 15 | -21.1% |
| 3 Bedrooms | 153 | 129 | -15.7% |
| 4 Bedrooms | 135 | 128 | -5.2% |
| 5+ Bedrooms | 17 | 17 | 0.0% |
Summary: The Hesperia housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 21.1%, 3 bedroom homes decreased by 15.7%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 81 | 68 | -16.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
38 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hesperia, you could pay more than the asking price. 55.9% of homes here sold above asking price last month.
Summary: A total of 68 homes were sold or pending in Hesperia in November 2023, down by 16.0% month-over-month. Of the 68 sold homes, 19% were sold under asking, 25% were sold at asking, and 56% were sold over asking.
Days on Market for Hesperia, CA
How long does it take to sell a home in Hesperia, CA?
Average Sale Time
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 42 Days | 30 Days | -28.2% |
Summary: Homes in Hesperia had an average of 30 days on market in Nov 2023, down by 28.2% compared to last year.
Breakdown of Home Sale Times
39 Homes Were Sold
Under 30 Days
26 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hesperia are selling fast, if you're buying plan to act quickly.
Summary: During November 2023, 68 homes were sold in Hesperia; 57% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.