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 neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Hidden Valley Lake was a Seller's Market.

Key Takeaway

Hidden Valley Lake 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 Hidden Valley Lake, CA

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

Median Sold Price

$375,000

$216/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$15,000(-3.8%)

Key Takeaway

Homes in Hidden Valley Lake have sold for 3.8% less than they did a year ago.

Summary: The median home sold price in Hidden Valley Lake was $375,000 in March 2024, down 3.8% from last year, and the median price per square foot was $216.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $302K$302K
0.0%
3 $385K$368K
-4.4%
4 $532.5K$489K
-8.2%
5+ $499.9K$550K
+10.0%

Summary: Hidden Valley Lake 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 did not change, 3 bedroom homes decreased by 4.4%, 4 bedroom homes decreased by 8.2%, and 5+ bedroom homes increased by 10%.

Median Sold Price Compared To Nearby Cities

Lower Lake
+24.7%
Hidden Valley Lake
-3.8%
Middletown
-4.0%

Housing Supply in Hidden Valley Lake, CA

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

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
8294+14.6%

Summary: The Hidden Valley Lake real estate market had 94 homes for sale in March 2024, a 14.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 33
0.0%
2 99
0.0%
3 5362
+17.0%
4 88
0.0%
5+ 912
+33.3%

Summary: The Hidden Valley Lake 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 increased by 17%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1014+40.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 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. 57.1% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Hidden Valley Lake in March 2024, up by 40.0% month-over-month. Of the 14 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.

Days on Market for Hidden Valley Lake, CA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
77 Days126 Days+64.1%

Summary: Homes in Hidden Valley Lake had an average of 126 days on market in Mar 2024, up by 64.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Hidden Valley Lake are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 14 homes were sold in Hidden Valley Lake; 0% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 43% 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 24 Days Ago

Newest Listings in Hidden Valley Lake, CA

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