Is Panorama, 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, Panorama has remained a Seller's Market.
Housing Prices in Panorama, CA
How much do homes in Panorama, CA cost?
Median Sold Price
$550,000
$274/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Panorama was $550,000 in March 2024, down 3.3% from last year, and the median price per square foot was $274.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $415K | $335K | -19.3% |
3 Bedrooms | $535K | $505K | -5.6% |
4 Bedrooms | $612K | $617.5K | +0.9% |
5+ Bedrooms | $679K | $642K | -5.4% |
Summary: Panorama housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19.3%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes decreased by 5.4%.
Housing Supply in Panorama, CA
How many homes are available in Panorama, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
24 | 30 | +25.0% |
Summary: The Panorama real estate market had 30 homes for sale in March 2024, a 25.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 7 | 11 | +57.1% |
4 Bedrooms | 11 | 13 | +18.2% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Panorama housing inventory by bedroom type for March 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 57.1%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 7 | +40.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Panorama in March 2024, up by 40.0% month-over-month. Of the 7 sold homes, 86% were sold under asking, 0% were sold at asking, and 14% were sold over asking.
Days on Market for Panorama, CA
How long does it take to sell a home in Panorama, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
66 Days | 57 Days | -12.6% |
Summary: Homes in Panorama had an average of 57 days on market in Mar 2024, down by 12.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in Panorama; 29% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.