Is Quail Valley, 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, Quail Valley has remained a Seller's Market.
Housing Prices in Quail Valley, CA
How much do homes in Quail Valley, CA cost?
Median Sold Price
$653,000
$325/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Quail Valley was $653,000 in March 2024, up 4.5% from last year, and the median price per square foot was $325.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $288.9K | - | N/A |
2 Bedrooms | $400K | $421K | +5.3% |
3 Bedrooms | $605K | $630K | +4.1% |
4 Bedrooms | $662.4K | $699.9K | +5.7% |
5+ Bedrooms | $955K | $787.5K | -17.5% |
Summary: Quail Valley 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 5.3%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes decreased by 17.5%.
Median Sold Price Compared To Nearby Cities
Quail Valley | $625K | $653K | +4.5% |
Perris Valley | $540.1K | $550K | +1.8% |
Menifee | $547.9K | $550K | 0.4% |
Lake Elsinore | $570.1K | $570K | 0% |
Canyon Lake | $665K | $660K | -0.8% |
Housing Supply in Quail Valley, CA
How many homes are available in Quail Valley, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
94 | 102 | +8.5% |
Summary: The Quail Valley real estate market had 102 homes for sale in March 2024, a 8.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 12 | 10 | -16.7% |
3 Bedrooms | 40 | 45 | +12.5% |
4 Bedrooms | 29 | 34 | +17.2% |
5+ Bedrooms | 12 | 12 | 0.0% |
Summary: The Quail Valley 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 decreased by 16.7%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 17.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
22 | 22 | 0.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in Quail Valley in March 2024, the same as the previous month. Of the 22 sold homes, 50% were sold under asking, 18% were sold at asking, and 32% were sold over asking.
Days on Market for Quail Valley, CA
How long does it take to sell a home in Quail Valley, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
57 Days | 45 Days | -20.4% |
Summary: Homes in Quail Valley had an average of 45 days on market in Mar 2024, down by 20.4% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 22 homes were sold in Quail Valley; 59% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.