Is Rancho de Los Alisos, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rancho de Los Alisos is a seller's market

Buyer's
Market

Difference Since January 2023

Since last year, Rancho de Los Alisos has remained a Seller's Market.

Key Takeaway

Rancho de Los Alisos is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Rancho de Los Alisos, CA

How much do homes in Rancho de Los Alisos, CA cost?

Median Sold Price

$679,000

$573/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2023

-$96,000(-12.4%)

Key Takeaway

Homes in Rancho de Los Alisos have sold for 12.4% less than they did a year ago.

Summary: The median home sold price in Rancho de Los Alisos was $679,000 in January 2024, down 12.4% from last year, and the median price per square foot was $573.

Median Sold Price By Bedroom Count

# BEDSJan 2023Jan 2024CHANGE
1 $445K$418K
-6.1%
2 $559K$587.5K
+5.1%
3 $997.5K$1.0M
+0.8%
4 $1.3M$1.4M
+10.4%
5+ $1.5M$1.5M
+4.1%

Summary: Rancho de Los Alisos housing prices by bedroom type for January 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.1%, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes increased by 4.1%.

Median Sold Price Compared To Nearby Neighborhoods

Baker Ranch
+10.0%
Rancho de Los Alisos
-12.4%
Foothill Ranch
-20.3%

Housing Supply in Rancho de Los Alisos, CA

How many homes are available in Rancho de Los Alisos, CA?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE
1822+22.2%

Summary: The Rancho de Los Alisos real estate market had 22 homes for sale in January 2024, a 22.2% increase compared to December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 33
0.0%
2 57
+40.0%
3 54
-20.0%
4 36
+100.0%
5+ 22
0.0%

Summary: The Rancho de Los Alisos housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 40%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Dec 2023Jan 2024CHANGE
58+60.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rancho de Los Alisos, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Rancho de Los Alisos in January 2024, up by 60.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Rancho de Los Alisos, CA

How long does it take to sell a home in Rancho de Los Alisos, CA?

Average Sale Time

Jan 2023Jan 2024CHANGE
31 Days22 Days-28.7%

Summary: Homes in Rancho de Los Alisos had an average of 22 days on market in Jan 2024, down by 28.7% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Rancho de Los Alisos are selling fast, if you're buying plan to act quickly.

Summary: During January 2024, 8 homes were sold in Rancho de Los Alisos; 63% of homes were sold within 30 days, 38% 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 26 Days Ago

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