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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Highgrove is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, Highgrove has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Highgrove, CA

How much do homes in Highgrove, CA cost?

Median Sold Price

$650,000

$326/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$7,505(+1.2%)

Key Takeaway

Homes in Highgrove have sold for 1.2% more than they did a year ago.

Summary: The median home sold price in Highgrove was $650,000 in February 2024, up 1.2% from last year, and the median price per square foot was $326.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $385K$356.2K
-7.5%
3 $570K$612.9K
+7.5%
4 $660K$680K
+3.0%
5+ $818K$740K
-9.5%

Summary: Highgrove housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.5%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 3%, and 5+ bedroom homes decreased by 9.5%.

Median Sold Price Compared To Nearby Neighborhoods

Northside
+1.4%
Highgrove
+1.2%
Reche Canyon
-3.2%

Housing Supply in Highgrove, CA

How many homes are available in Highgrove, CA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
5057+14.0%

Summary: The Highgrove real estate market had 57 homes for sale in February 2024, a 14.0% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1615
-6.3%
4 2332
+39.1%
5+ 98
-11.1%

Summary: The Highgrove housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 39.1%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
712+71.4%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Highgrove, expect to pay close to the asking price. 41.7% of homes here sold near the asking price last month.

Summary: A total of 12 homes were sold or pending in Highgrove in February 2024, up by 71.4% month-over-month. Of the 12 sold homes, 33% were sold under asking, 42% were sold at asking, and 25% were sold over asking.

Days on Market for Highgrove, CA

How long does it take to sell a home in Highgrove, CA?

Average Sale Time

Feb 2023Feb 2024CHANGE
62 Days38 Days-38.7%

Summary: Homes in Highgrove had an average of 38 days on market in Feb 2024, down by 38.7% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 12 homes were sold in Highgrove; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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 28 Days Ago

Newest Listings in Highgrove, CA

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