Is Oakmont Village, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Oakmont Village has remained a Seller's Market.
Housing Prices in Oakmont Village, CA
How much do homes in Oakmont Village, CA cost?
Median Sold Price
$725,000
$449/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Oakmont Village was $725,000 in March 2024, down 0.6% from last year, and the median price per square foot was $449.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $440K | $407.5K | -7.4% |
2 Bedrooms | $643K | $642.5K | -0.1% |
3 Bedrooms | $850K | $856K | +0.7% |
4 Bedrooms | $1.1M | $785K | -33.5% |
5+ Bedrooms | $1.4M | - | N/A |
Summary: Oakmont Village housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.4%, 2 bedroom homes decreased by 0.1%, 3 bedroom homes increased by 0.7%, 4 bedroom homes decreased by 33.5%, and 5+ bedroom homes did not change.
Housing Supply in Oakmont Village, CA
How many homes are available in Oakmont Village, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
32 | 44 | +37.5% |
Summary: The Oakmont Village real estate market had 44 homes for sale in March 2024, a 37.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 21 | 27 | +28.6% |
3 Bedrooms | 9 | 15 | +66.7% |
4 Bedrooms | 1 | 0 | -100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Oakmont Village housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 66.7%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 12 | +71.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Oakmont Village in March 2024, up by 71.4% month-over-month. Of the 12 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for Oakmont Village, CA
How long does it take to sell a home in Oakmont Village, CA?
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
Summary: During March 2024, 12 homes were sold in Oakmont Village; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.