Is Pearblossom, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pearblossom is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Pearblossom was a Buyer's Market.

Key Takeaway

Pearblossom is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Pearblossom, CA

How much do homes in Pearblossom, CA cost?

Median Sold Price

$391,550

$235/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$17,050(+4.6%)

Key Takeaway

Homes in Pearblossom have sold for 4.6% more than they did a year ago.

Summary: The median home sold price in Pearblossom was $391,550 in April 2024, up 4.6% from last year, and the median price per square foot was $235.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $145K-
N/A
2 $292.5K$365K
+24.8%
3 $390K$391.5K
0.4%
4 $480K$425.5K
-11.4%
5+ $361K-
N/A

Summary: Pearblossom 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 24.8%, 3 bedroom homes increased by 0.4%, 4 bedroom homes decreased by 11.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Pearblossom
+4.6%
South Antelope Valley
+0.8%

Housing Supply in Pearblossom, CA

How many homes are available in Pearblossom, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
118-27.3%

Summary: The Pearblossom real estate market had 8 homes for sale in April 2024, a 27.3% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 22
0.0%
3 43
-25.0%
4 53
-40.0%
5+ 00
0.0%

Summary: The Pearblossom 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 remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pearblossom, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Pearblossom in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for Pearblossom, CA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
8 Days38 Days+383.3%

Summary: Homes in Pearblossom had an average of 38 days on market in Apr 2024, up by 383.3% compared to last year.

Breakdown of Home Sale Times

2 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

Many homes in Pearblossom are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in Pearblossom; 67% of homes were sold within 30 days, 33% 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 22 Days Ago

Newest Listings in Pearblossom, CA

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