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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kelseyville is a buyer's market

Buyer's
Market

Difference Since June 2023

At the same time last year, Kelseyville was a Seller's Market.

Key Takeaway

Kelseyville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Kelseyville, CA

How much do homes in Kelseyville, CA cost?

Median Sold Price

$375,000

$236/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

-$7,450(-1.9%)

Key Takeaway

Homes in Kelseyville have sold for 1.9% less than they did a year ago.

Summary: The median home sold price in Kelseyville was $375,000 in June 2024, down 1.9% from last year, and the median price per square foot was $236.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $160K$350K
+118.8%
2 $322K$339K
+5.3%
3 $390K$396K
+1.5%
4 $475K$489.5K
+3.1%
5+ $600K$485K
-19.2%

Summary: Kelseyville housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 118.8%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes decreased by 19.2%.

Median Sold Price Compared To Nearby Cities

Clearlake Riviera
+1.4%
Kelseyville
-1.9%
Cobb
-2.4%

Housing Supply in Kelseyville, CA

How many homes are available in Kelseyville, CA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
129147+14.0%

Summary: The Kelseyville real estate market had 147 homes for sale in June 2024, a 14.0% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 11
0.0%
2 2323
0.0%
3 6883
+22.1%
4 2828
0.0%
5+ 912
+33.3%

Summary: The Kelseyville housing inventory by bedroom type for June 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 22.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

May 2024Jun 2024CHANGE
1314+7.7%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kelseyville, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Kelseyville in June 2024, up by 7.7% month-over-month. Of the 14 sold homes, 64% were sold under asking, 7% were sold at asking, and 29% were sold over asking.

Days on Market for Kelseyville, CA

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

Average Sale Time

Jun 2023Jun 2024CHANGE
47 Days129 Days+173.3%

Summary: Homes in Kelseyville had an average of 129 days on market in Jun 2024, up by 173.3% compared to last year.

Breakdown of Home Sale Times

5 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 Kelseyville are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During June 2024, 14 homes were sold in Kelseyville; 36% 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 26 Days Ago

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