Is Pedley, 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, Pedley has remained a Seller's Market.
Housing Prices in Pedley, CA
How much do homes in Pedley, CA cost?
Median Sold Price
$640,000
$338/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Pedley was $640,000 in March 2024, up 2% from last year, and the median price per square foot was $338.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $350K | - | N/A |
2 Bedrooms | $475.5K | $488.7K | +2.8% |
3 Bedrooms | $600K | $605K | +0.8% |
4 Bedrooms | $650K | $700K | +7.7% |
5+ Bedrooms | $805K | $728.3K | -9.5% |
Summary: Pedley 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 increased by 2.8%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes decreased by 9.5%.
Median Sold Price Compared To Nearby Neighborhoods
Jurupa Valley | $617.6K | $643K | +4.1% |
Pedley | $627.5K | $640K | +2.0% |
Rubidoux | $550K | $555K | +0.9% |
Housing Supply in Pedley, CA
How many homes are available in Pedley, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
23 | 21 | -8.7% |
Summary: The Pedley real estate market had 21 homes for sale in March 2024, a 8.7% decrease 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 | 12 | 9 | -25.0% |
4 Bedrooms | 9 | 9 | 0.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Pedley 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 decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 8 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Pedley in March 2024, up by 100.0% month-over-month. Of the 8 sold homes, 13% were sold under asking, 13% were sold at asking, and 75% were sold over asking.
Days on Market for Pedley, CA
How long does it take to sell a home in Pedley, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
76 Days | 11 Days | -85.4% |
Summary: Homes in Pedley had an average of 11 days on market in Mar 2024, down by 85.4% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in Pedley; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.