Is Manchester Square, 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, Manchester Square has remained a Seller's Market.
Housing Prices in Manchester Square, CA
How much do homes in Manchester Square, CA cost?
Median Sold Price
$748,750
$498/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Manchester Square was $748,750 in April 2024, up 1.2% from last year, and the median price per square foot was $498.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $675K | - | N/A |
2 Bedrooms | $698K | $620K | -11.2% |
3 Bedrooms | $720K | $770K | +6.9% |
4 Bedrooms | $785K | $937.5K | +19.4% |
5+ Bedrooms | $916.8K | $995.7K | +8.6% |
Summary: Manchester Square 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 11.2%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes increased by 8.6%.
Median Sold Price Compared To Nearby Neighborhoods
Manchester Square | $740K | $748.7K | +1.2% |
Chesterfield Square | $650K | $650K | 0.0% |
Harvard Park | $657.5K | $610K | -7.2% |
Housing Supply in Manchester Square, CA
How many homes are available in Manchester Square, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 26 | -3.7% |
Summary: The Manchester Square real estate market had 26 homes for sale in April 2024, a 3.7% 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 | 4 | 5 | +25.0% |
3 Bedrooms | 14 | 14 | 0.0% |
4 Bedrooms | 6 | 3 | -50.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Manchester Square 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 increased by 25%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 5 | -28.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Manchester Square in April 2024, down by 28.6% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Manchester Square, CA
How long does it take to sell a home in Manchester Square, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
25 Days | 50 Days | +97.6% |
Summary: Homes in Manchester Square had an average of 50 days on market in Apr 2024, up by 97.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Manchester Square; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.