Is Oakwood Pentagon, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oakwood Pentagon is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Oakwood Pentagon has remained a Buyer's Market.

Key Takeaway

Oakwood Pentagon is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Oakwood Pentagon, CA

How much do homes in Oakwood Pentagon, CA cost?

Median Sold Price

$3,820,000

$1,063/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$1,982,500(+107.9%)

Key Takeaway

Homes in Oakwood Pentagon have sold for 107.9% more than they did a month ago.

Summary: The median home sold price in Oakwood Pentagon was $3,820,000 in March 2024, up 107.9% from last month, and the median price per square foot was $1,063.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 $1.5M-
N/A
2 --
N/A
3 $2.1M-
N/A
4 -$3.8M
N/A
5+ --
N/A

Summary: Oakwood Pentagon housing prices by bedroom type for March 2024 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 Neighborhoods

Oakwood Pentagon
+107.9%
Milwood Trapezoid
+17.9%

Housing Supply in Oakwood Pentagon, CA

How many homes are available in Oakwood Pentagon, CA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2831+10.7%

Summary: The Oakwood Pentagon real estate market had 31 homes for sale in March 2024, a 10.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 32
-33.3%
2 23
+50.0%
3 910
+11.1%
4 44
0.0%
5+ 1012
+20.0%

Summary: The Oakwood Pentagon housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oakwood Pentagon, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Oakwood Pentagon in March 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Oakwood Pentagon, CA

How long does it take to sell a home in Oakwood Pentagon, CA?

Average Sale Time

Feb 2024Mar 2024CHANGE
36 Days71 Days+94.5%

Summary: Homes in Oakwood Pentagon had an average of 71 days on market in Mar 2024, up by 94.5% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Oakwood Pentagon has remained consistent over time.

Summary: During March 2024, 1 homes were sold in Oakwood Pentagon; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

Newest Listings in Oakwood Pentagon, CA

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