Is Newberry Springs, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Newberry Springs has remained a Neutral Market.
Key Takeaway
Newberry Springs is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Newberry Springs, CA
How much do homes in Newberry Springs, CA cost?
Median Sold Price
$117,500
$111/sqft
Based on all homes sold in November 2023.
Difference Since Last Month
Key Takeaway
Homes in Newberry Springs have sold for 49.1% less than they did a month ago.
Summary: The median home sold price in Newberry Springs was $117,500 in November 2023, down 49.1% from last month, and the median price per square foot was $111.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $120K | - | N/A |
| 2 Bedrooms | - | $117.5K | N/A |
| 3 Bedrooms | $231K | - | N/A |
| 4 Bedrooms | $345K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Newberry Springs housing prices by bedroom type for November 2023 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Daggett | $440K | $470K | +6.8% |
| Newberry Springs | $231K | $117.5K | -49.1% |
| Newberry Springs-Baker | $231K | $117.5K | -49.1% |
Housing Supply in Newberry Springs, CA
How many homes are available in Newberry Springs, CA?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 26 | 28 | +7.7% |
Summary: The Newberry Springs real estate market had 28 homes for sale in November 2023, a 7.7% increase compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 8 | 10 | +25.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Newberry Springs housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 25%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Newberry Springs, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Newberry Springs in November 2023, the same as the previous month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Newberry Springs, CA
How long does it take to sell a home in Newberry Springs, CA?
Average Sale Time
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 117 Days | 57 Days | -51.3% |
Summary: Homes in Newberry Springs had an average of 57 days on market in Nov 2023, down by 51.3% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Newberry Springs are selling fast, if you're buying plan to act quickly.
Summary: During November 2023, 4 homes were sold in Newberry Springs; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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.