Is Highgrove, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Highgrove has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $385K | $356.2K | -7.5% |
3 Bedrooms | $570K | $612.9K | +7.5% |
4 Bedrooms | $660K | $680K | +3.0% |
5+ Bedrooms | $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 | $532.4K | $540K | +1.4% |
Highgrove | $642.4K | $650K | +1.2% |
Reche Canyon | $620K | $600K | -3.2% |
Housing Supply in Highgrove, CA
How many homes are available in Highgrove, CA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
50 | 57 | +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
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 16 | 15 | -6.3% |
4 Bedrooms | 23 | 32 | +39.1% |
5+ Bedrooms | 9 | 8 | -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 2024 | Feb 2024 | CHANGE |
---|---|---|
7 | 12 | +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
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 2023 | Feb 2024 | CHANGE |
---|---|---|
62 Days | 38 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
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.