Is La Sierra South, 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, La Sierra South has remained a Seller's Market.
Key Takeaway
La Sierra South is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in La Sierra South, CA
How much do homes in La Sierra South, CA cost?
Median Sold Price
$640,000
$420/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since April 2023.
Key Takeaway
The sold price of homes in La Sierra South has remained the same since last year.
Summary: The median home sold price in La Sierra South was $640,000 in April 2024, the same as last year, and the median price per square foot was $420.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $530K | $527.5K | -0.5% |
| 3 Bedrooms | $605K | $615K | +1.7% |
| 4 Bedrooms | $670K | $655K | -2.2% |
| 5+ Bedrooms | $903K | $880K | -2.5% |
Summary: La Sierra South 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 decreased by 0.5%, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes decreased by 2.5%.
Median Sold Price Compared To Nearby Neighborhoods
| El Sobrante | $798.5K | $862K | +8.0% |
| La Sierra | $595K | $640K | +7.6% |
| Home Gardens | $592K | $620K | +4.7% |
| Arlington South | $592.5K | $618K | +4.3% |
| La Sierra South | $640K | $640K | 0.0% |
Housing Supply in La Sierra South, CA
How many homes are available in La Sierra South, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 26 | 24 | -7.7% |
Summary: The La Sierra South real estate market had 24 homes for sale in April 2024, a 7.7% decrease 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 9 | 7 | -22.2% |
| 4 Bedrooms | 13 | 12 | -7.7% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The La Sierra South 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 remained the same, 3 bedroom homes decreased by 22.2%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 10 | 7 | -30.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in La Sierra South, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in La Sierra South in April 2024, down by 30.0% month-over-month. Of the 7 sold homes, 14% were sold under asking, 29% were sold at asking, and 57% were sold over asking.
Days on Market for La Sierra South, CA
How long does it take to sell a home in La Sierra South, CA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 4 Days | 10 Days | +120.4% |
Summary: Homes in La Sierra South had an average of 10 days on market in Apr 2024, up by 120.4% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in La Sierra South are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 7 homes were sold in La Sierra South; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.