Is Le Grand, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Le Grand is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Le Grand has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Le Grand, CA

How much do homes in Le Grand, CA cost?

Median Sold Price

$277,500

$258/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$36,500(-11.6%)

Key Takeaway

Homes in Le Grand have sold for 11.6% less than they did a year ago.

Summary: The median home sold price in Le Grand was $277,500 in May 2024, down 11.6% from last year, and the median price per square foot was $258.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $239K$253K
+5.9%
3 $356.5K$280K
-21.5%
4 $385K$384K
-0.3%
5+ $1.6M$315K
-80.3%

Summary: Le Grand housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.9%, 3 bedroom homes decreased by 21.5%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes decreased by 80.3%.

Median Sold Price Compared To Nearby Cities

Planada-Le Grand
-5.2%
Le Grand
-11.6%

Housing Supply in Le Grand, CA

How many homes are available in Le Grand, CA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
54-20.0%

Summary: The Le Grand real estate market had 4 homes for sale in May 2024, a 20.0% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 11
0.0%
3 43
-25.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Le Grand housing inventory by bedroom type for May 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 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Le Grand, you could pay more than the asking price. 100% of homes here sold above asking price last month.

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

Days on Market for Le Grand, CA

How long does it take to sell a home in Le Grand, CA?

Average Sale Time

May 2023May 2024CHANGE
46 Days141 Days+206.5%

Summary: Homes in Le Grand had an average of 141 days on market in May 2024, up by 206.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Le Grand are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During May 2024, 1 homes were sold in Le Grand; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 20 Days Ago

Newest Listings in Le Grand, CA

Nearby Markets to Le Grand, CA

What housing markets are near Le Grand, CA?