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 May 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

$234/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$15,000(-3.8%)

Key Takeaway

Homes in Kelseyville have sold for 3.8% less than they did a year ago.

Summary: The median home sold price in Kelseyville was $375,000 in May 2024, down 3.8% from last year, and the median price per square foot was $234.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $160K$350K
+118.8%
2 $322K$339K
+5.3%
3 $405K$389K
-4.0%
4 $417K$515K
+23.5%
5+ $600K$485K
-19.2%

Summary: Kelseyville housing prices by bedroom type for May 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 decreased by 4%, 4 bedroom homes increased by 23.5%, and 5+ bedroom homes decreased by 19.2%.

Median Sold Price Compared To Nearby Cities

Cobb
+1.0%
Clearlake Riviera
-1.3%
Kelseyville
-3.8%

Housing Supply in Kelseyville, CA

How many homes are available in Kelseyville, CA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
121129+6.6%

Summary: The Kelseyville real estate market had 129 homes for sale in May 2024, a 6.6% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 21
-50.0%
2 2527
+8.0%
3 6465
+1.6%
4 2428
+16.7%
5+ 68
+33.3%

Summary: The Kelseyville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Apr 2024May 2024CHANGE
1512-20.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 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. 58.3% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Kelseyville in May 2024, down by 20.0% month-over-month. Of the 12 sold homes, 58% were sold under asking, 25% were sold at asking, and 17% 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

May 2023May 2024CHANGE
129 Days70 Days-45.2%

Summary: Homes in Kelseyville had an average of 70 days on market in May 2024, down by 45.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 12 homes were sold in Kelseyville; 33% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 25% 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 19 Days Ago

Newest Listings in Kelseyville, CA

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