Is Hidden Valley Lake, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hidden Valley Lake is a seller's market

Buyer's
Market

Difference Since October 2022

Since last year, Hidden Valley Lake has remained a Seller's Market.

Key Takeaway

Hidden Valley Lake is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices

How much do homes in Hidden Valley Lake, CA cost?

Median Sold Price

$385,000

$220/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since October 2022.

Key Takeaway

The sold price of homes in Hidden Valley Lake has remained the same since last year.

Summary: The median home sold price in Hidden Valley Lake was $385,000 in October 2023, the same as last year, and the median price per square foot was $220.

Median Sold Price By Bedroom Count

# BEDSOct 2022Oct 2023CHANGE
1 --
N/A
2 $292K$316K
+8.2%
3 $379.9K$375K
-1.3%
4 $560K$512.5K
-8.5%
5+ $499.9K$472K
-5.6%

Summary: Hidden Valley Lake housing prices by bedroom type for October 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.2%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes decreased by 8.5%, and 5+ bedroom homes decreased by 5.6%.

Median Sold Price Compared To Nearby Cities

Hidden Valley Lake
0.0%
Middletown
-2.5%

Housing Supply

How many homes are available in Hidden Valley Lake, CA?

Number of Homes For Sale

Sep 2023Oct 2023CHANGE
8694+9.3%

Summary: The Hidden Valley Lake real estate market had 94 homes for sale in October 2023, a 9.3% increase compared to September 2023.

Homes For Sale By Bedroom Count

# BEDSSep 2023Oct 2023CHANGE
1 11
0.0%
2 911
+22.2%
3 6066
+10.0%
4 1110
-9.1%
5+ 56
+20.0%

Summary: The Hidden Valley Lake housing inventory by bedroom type for October 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Sep 2023Oct 2023CHANGE
816+100.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hidden Valley Lake, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Hidden Valley Lake in October 2023, up by 100.0% month-over-month. Of the 16 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.

Days on Market

How long does it take to sell a home in Hidden Valley Lake, CA?

Average Sale Time

Oct 2022Oct 2023CHANGE
49 Days72 Days+47.3%

Summary: Homes in Hidden Valley Lake had an average of 72 days on market in Oct 2023, up by 47.3% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hidden Valley Lake are selling fast, if you're buying plan to act quickly.

Summary: During October 2023, 16 homes were sold in Hidden Valley Lake; 31% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 31% 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 27 Days Ago

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Nearby Markets

What housing markets are near Hidden Valley Lake, CA?