Is La Presa, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, La Presa has remained a Seller's Market.
Housing Prices in La Presa, CA
How much do homes in La Presa, CA cost?
Median Sold Price
$723,333
$508/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in La Presa was $723,333 in March 2024, up 7.2% from last year, and the median price per square foot was $508.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $457.4K | - | N/A |
2 Bedrooms | $490K | $533.5K | +8.9% |
3 Bedrooms | $675K | $715.3K | +6.0% |
4 Bedrooms | $720K | $760K | +5.6% |
5+ Bedrooms | $800K | $860K | +7.5% |
Summary: La Presa housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 7.5%.
Median Sold Price Compared To Nearby Neighborhoods
Skyline | $665K | $720K | +8.3% |
La Presa | $675K | $723.3K | +7.2% |
Spring Valley | $715K | $729.5K | +2.0% |
Jamacha Lomita | $660K | $665K | +0.8% |
Bay Terraces | $632K | $630K | -0.3% |
Housing Supply in La Presa, CA
How many homes are available in La Presa, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
65 | 68 | +4.6% |
Summary: The La Presa real estate market had 68 homes for sale in March 2024, a 4.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 9 | +80.0% |
3 Bedrooms | 39 | 38 | -2.6% |
4 Bedrooms | 16 | 16 | 0.0% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The La Presa housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 80%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 22 | +29.4% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in La Presa in March 2024, up by 29.4% month-over-month. Of the 22 sold homes, 18% were sold under asking, 18% were sold at asking, and 64% were sold over asking.
Days on Market for La Presa, CA
How long does it take to sell a home in La Presa, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
24 Days | 14 Days | -39.0% |
Summary: Homes in La Presa had an average of 14 days on market in Mar 2024, down by 39% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 22 homes were sold in La Presa; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.