Is North Tustin, 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, North Tustin has remained a Seller's Market.
Housing Prices in North Tustin, CA
How much do homes in North Tustin, CA cost?
Median Sold Price
$1,600,000
$647/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in North Tustin was $1,600,000 in April 2024, up 6.7% from last year, and the median price per square foot was $647.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $700K | $795K | +13.6% |
3 Bedrooms | $1.2M | $1.2M | +2.9% |
4 Bedrooms | $1.5M | $1.6M | +4.4% |
5+ Bedrooms | $2.1M | $2.1M | -0.7% |
Summary: North Tustin 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 13.6%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes decreased by 0.7%.
Housing Supply in North Tustin, CA
How many homes are available in North Tustin, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
53 | 55 | +3.8% |
Summary: The North Tustin real estate market had 55 homes for sale in April 2024, a 3.8% 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 | 3 | 1 | -66.7% |
3 Bedrooms | 9 | 9 | 0.0% |
4 Bedrooms | 19 | 20 | +5.3% |
5+ Bedrooms | 22 | 25 | +13.6% |
Summary: The North Tustin 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 decreased by 66.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 13.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 12 | -29.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in North Tustin in April 2024, down by 29.4% month-over-month. Of the 12 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for North Tustin, CA
How long does it take to sell a home in North Tustin, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
25 Days | 24 Days | -4.9% |
Summary: Homes in North Tustin had an average of 24 days on market in Apr 2024, down by 4.9% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in North Tustin; 67% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.