Is Hope Ranch, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Hope Ranch was a Seller's Market.
Housing Prices in Hope Ranch, CA
How much do homes in Hope Ranch, CA cost?
Median Sold Price
$6,468,750
$1,690/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Hope Ranch was $6,468,750 in April 2024, up 158.8% from last month, and the median price per square foot was $1,690.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $2.1M | - | N/A |
4 Bedrooms | - | $4.9M | N/A |
5+ Bedrooms | $4.5M | $8.0M | +75.5% |
Summary: Hope Ranch housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes increased by 75.5%.
Housing Supply in Hope Ranch, CA
How many homes are available in Hope Ranch, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 14 | 0.0% |
Summary: The Hope Ranch real estate market had 14 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 4 | 2 | -50.0% |
4 Bedrooms | 4 | 6 | +50.0% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Hope Ranch housing inventory by bedroom type for April 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 50%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Hope Ranch in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Hope Ranch, CA
How long does it take to sell a home in Hope Ranch, CA?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
42 Days | 1 Day | -97.6% |
Summary: Homes in Hope Ranch had an average of 1 days on market in Apr 2024, down by 97.6% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Hope Ranch; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.