Is Lake Berryessa, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lake Berryessa is a buyer's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in Lake Berryessa, CA

How much do homes in Lake Berryessa, CA cost?

Median Sold Price

$472,500

$266/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$5,000(-1.0%)

Key Takeaway

Homes in Lake Berryessa have sold for 1% less than they did a year ago.

Summary: The median home sold price in Lake Berryessa was $472,500 in February 2024, down 1% from last year, and the median price per square foot was $266.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $289.8K$265K
-8.6%
3 $475K$512.5K
+7.9%
4 $575.2K$475K
-17.4%
5+ $620K-
N/A

Summary: Lake Berryessa housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.6%, 3 bedroom homes increased by 7.9%, 4 bedroom homes decreased by 17.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Lake Berryessa
-1.0%
Pope Valley
-1.6%
Angwin
-20.4%

Housing Supply in Lake Berryessa, CA

How many homes are available in Lake Berryessa, CA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
69+50.0%

Summary: The Lake Berryessa real estate market had 9 homes for sale in February 2024, a 50.0% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 34
+33.3%
4 22
0.0%
5+ 00
0.0%

Summary: The Lake Berryessa housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lake Berryessa, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Lake Berryessa in February 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Lake Berryessa, CA

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

Newest Listings in Lake Berryessa, CA

Nearby Markets to Lake Berryessa, CA

What housing markets are near Lake Berryessa, CA?