Is Mission Grove, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Mission Grove was a Neutral Market.
Housing Prices in Mission Grove, CA
How much do homes in Mission Grove, CA cost?
Median Sold Price
$730,000
$348/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Mission Grove was $730,000 in April 2024, up 5.8% from last year, and the median price per square foot was $348.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $329K | - | N/A |
2 Bedrooms | $349.9K | $394K | +12.6% |
3 Bedrooms | $583K | $595K | +2.1% |
4 Bedrooms | $719K | $750K | +4.3% |
5+ Bedrooms | $770K | $822.5K | +6.8% |
Summary: Mission Grove 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 increased by 12.6%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 6.8%.
Median Sold Price Compared To Nearby Neighborhoods
Alessandro Heights | $1.0M | $1.1M | +12.6% |
Canyon Crest | $637K | $695K | +9.1% |
Mission Grove | $690K | $730K | +5.8% |
Orangecrest | $725K | $738K | +1.8% |
Housing Supply in Mission Grove, CA
How many homes are available in Mission Grove, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 17 | +30.8% |
Summary: The Mission Grove real estate market had 17 homes for sale in April 2024, a 30.8% increase 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 | 2 | 2 | 0.0% |
3 Bedrooms | 1 | 3 | +200.0% |
4 Bedrooms | 8 | 8 | 0.0% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Mission Grove 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 increased by 200%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 5 | +66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Mission Grove in April 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for Mission Grove, CA
How long does it take to sell a home in Mission Grove, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
16 Days | 43 Days | +171.3% |
Summary: Homes in Mission Grove had an average of 43 days on market in Apr 2024, up by 171.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Mission Grove; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.