Is Quail Valley, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Quail Valley has remained a Seller's Market.
Key Takeaway
Quail Valley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Quail Valley, CA
How much do homes in Quail Valley, CA cost?
Median Sold Price
$664,000
$338/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Quail Valley have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in Quail Valley was $664,000 in June 2024, up 4.4% from last year, and the median price per square foot was $338.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $288.9K | $380K | +31.5% |
| 2 Bedrooms | $399.9K | $430K | +7.5% |
| 3 Bedrooms | $610.8K | $640K | +4.8% |
| 4 Bedrooms | $673.3K | $773.3K | +14.9% |
| 5+ Bedrooms | $862.5K | $796K | -7.7% |
Summary: Quail Valley housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31.5%, 2 bedroom homes increased by 7.5%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 14.9%, and 5+ bedroom homes decreased by 7.7%.
Median Sold Price Compared To Nearby Cities
| Quail Valley | $636.2K | $664K | +4.4% |
| Menifee | $539.9K | $562.3K | +4.1% |
| Perris Valley | $536.4K | $557.2K | +3.9% |
| Lake Elsinore | $560K | $578.8K | +3.4% |
| Canyon Lake | $667K | $675K | +1.2% |
Housing Supply in Quail Valley, CA
How many homes are available in Quail Valley, CA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 115 | 114 | -0.9% |
Summary: The Quail Valley real estate market had 114 homes for sale in June 2024, a 0.9% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 11 | 10 | -9.1% |
| 3 Bedrooms | 45 | 44 | -2.2% |
| 4 Bedrooms | 38 | 37 | -2.6% |
| 5+ Bedrooms | 20 | 22 | +10.0% |
Summary: The Quail Valley housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 33 | 22 | -33.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Quail Valley, you may be able to get a good deal. 40.9% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in Quail Valley in June 2024, down by 33.3% month-over-month. Of the 22 sold homes, 41% were sold under asking, 23% were sold at asking, and 36% 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
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 38 Days | 36 Days | -5.4% |
Summary: Homes in Quail Valley had an average of 36 days on market in Jun 2024, down by 5.4% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Quail Valley are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 22 homes were sold in Quail Valley; 55% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.