Is La Sierra, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing La Sierra is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, La Sierra has remained a Seller's Market.

Key Takeaway

La Sierra is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in La Sierra, CA

How much do homes in La Sierra, CA cost?

Median Sold Price

$665,000

$357/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$75,000(+12.7%)

Key Takeaway

Homes in La Sierra have sold for 12.7% more than they did a year ago.

Summary: The median home sold price in La Sierra was $665,000 in September 2024, up 12.7% from last year, and the median price per square foot was $357.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $282K-
N/A
2 $460K$545K
+18.5%
3 $550K$625K
+13.6%
4 $625K$675K
+8.0%
5+ $780K$834.9K
+7.0%

Summary: La Sierra housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.5%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 7%.

Median Sold Price Compared To Nearby Neighborhoods

La Sierra
+12.7%
Arlanza
+7.0%
La Sierra South
+6.7%
Arlington
-3.4%

Housing Supply in La Sierra, CA

How many homes are available in La Sierra, CA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
5044-12.0%

Summary: The La Sierra real estate market had 44 homes for sale in September 2024, a 12.0% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 33
0.0%
2 43
-25.0%
3 1611
-31.3%
4 2020
0.0%
5+ 77
0.0%

Summary: The La Sierra housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 31.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
109-10.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in La Sierra, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in La Sierra in September 2024, down by 10.0% month-over-month. Of the 9 sold homes, 22% were sold under asking, 22% were sold at asking, and 56% were sold over asking.

Days on Market for La Sierra, CA

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

Average Sale Time

Sep 2023Sep 2024CHANGE
16 Days62 Days+288.2%

Summary: Homes in La Sierra had an average of 62 days on market in Sep 2024, up by 288.2% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 9 homes were sold in La Sierra; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 30 Days Ago

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