Is Hyde Park, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Hyde Park has remained a Seller's Market.
Housing Prices in Hyde Park, CA
How much do homes in Hyde Park, CA cost?
Median Sold Price
$790,000
$571/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hyde Park was $790,000 in April 2024, down 1.3% from last year, and the median price per square foot was $571.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $532K | - | N/A |
2 Bedrooms | $656K | $660K | +0.6% |
3 Bedrooms | $889K | $830K | -6.6% |
4 Bedrooms | $1.0M | $927.5K | -11.7% |
5+ Bedrooms | $1.0M | $1.0M | +4.3% |
Summary: Hyde Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.6%, 3 bedroom homes decreased by 6.6%, 4 bedroom homes decreased by 11.7%, and 5+ bedroom homes increased by 4.3%.
Median Sold Price Compared To Nearby Neighborhoods
View Park - Windsor Hills | $1.2M | $1.3M | +9.1% |
Leimert Park | $1.0M | $1.1M | +8.4% |
Manchester Square | $740K | $748.7K | +1.2% |
Chesterfield Square | $650K | $650K | 0.0% |
Hyde Park | $800K | $790K | -1.3% |
Housing Supply in Hyde Park, CA
How many homes are available in Hyde Park, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
65 | 91 | +40.0% |
Summary: The Hyde Park real estate market had 91 homes for sale in April 2024, a 40.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 13 | 15 | +15.4% |
3 Bedrooms | 27 | 41 | +51.9% |
4 Bedrooms | 14 | 19 | +35.7% |
5+ Bedrooms | 11 | 16 | +45.5% |
Summary: The Hyde Park 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 increased by 15.4%, 3 bedroom homes increased by 51.9%, 4 bedroom homes increased by 35.7%, and 5+ bedroom homes increased by 45.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 16 | +128.6% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Hyde Park in April 2024, up by 128.6% month-over-month. Of the 16 sold homes, 50% were sold under asking, 13% were sold at asking, and 38% were sold over asking.
Days on Market for Hyde Park, CA
How long does it take to sell a home in Hyde Park, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
54 Days | 52 Days | -2.3% |
Summary: Homes in Hyde Park had an average of 52 days on market in Apr 2024, down by 2.3% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 16 homes were sold in Hyde Park; 56% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.