Is Rio Vista, 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, Rio Vista has remained a Seller's Market.
Key Takeaway
Rio Vista is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rio Vista, CA
How much do homes in Rio Vista, CA cost?
Median Sold Price
$460,000
$277/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
The sold price of homes in Rio Vista has remained the same since last year.
Summary: The median home sold price in Rio Vista was $460,000 in March 2024, down 0.2% from last year, and the median price per square foot was $277.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $337.5K | N/A |
| 2 Bedrooms | $440K | $438.9K | -0.3% |
| 3 Bedrooms | $494K | $498.9K | +1.0% |
| 4 Bedrooms | $547.5K | $565K | +3.2% |
| 5+ Bedrooms | $720K | - | N/A |
Summary: Rio Vista 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 decreased by 0.3%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes did not change.
Housing Supply in Rio Vista, CA
How many homes are available in Rio Vista, CA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 96 | 111 | +15.6% |
Summary: The Rio Vista real estate market had 111 homes for sale in March 2024, a 15.6% 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 | 65 | 71 | +9.2% |
| 3 Bedrooms | 23 | 31 | +34.8% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Rio Vista 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 increased by 9.2%, 3 bedroom homes increased by 34.8%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 20 | +66.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rio Vista, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 20 homes were sold or pending in Rio Vista in March 2024, up by 66.7% month-over-month. Of the 20 sold homes, 35% were sold under asking, 50% were sold at asking, and 15% were sold over asking.
Days on Market for Rio Vista, CA
How long does it take to sell a home in Rio Vista, CA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 2 Days | 49 Days | +2383.3% |
Summary: Homes in Rio Vista had an average of 49 days on market in Mar 2024, up by 2383.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Rio Vista are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 20 homes were sold in Rio Vista; 5% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
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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.