Is Santa Paula, 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, Santa Paula has remained a Seller's Market.
Housing Prices in Santa Paula, CA
How much do homes in Santa Paula, CA cost?
Median Sold Price
$695,000
$431/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Santa Paula was $695,000 in March 2024, up 2.6% from last year, and the median price per square foot was $431.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $265K | $350K | +32.1% |
2 Bedrooms | $415K | $507.5K | +22.3% |
3 Bedrooms | $685K | $715K | +4.4% |
4 Bedrooms | $710K | $770K | +8.5% |
5+ Bedrooms | $899.9K | $852.5K | -5.3% |
Summary: Santa Paula housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32.1%, 2 bedroom homes increased by 22.3%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes decreased by 5.3%.
Housing Supply in Santa Paula, CA
How many homes are available in Santa Paula, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
37 | 49 | +32.4% |
Summary: The Santa Paula real estate market had 49 homes for sale in March 2024, a 32.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 7 | 7 | 0.0% |
3 Bedrooms | 19 | 25 | +31.6% |
4 Bedrooms | 7 | 11 | +57.1% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Santa Paula housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 31.6%, 4 bedroom homes increased by 57.1%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 12 | +71.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Santa Paula in March 2024, up by 71.4% month-over-month. Of the 12 sold homes, 25% were sold under asking, 17% were sold at asking, and 58% were sold over asking.
Days on Market for Santa Paula, CA
How long does it take to sell a home in Santa Paula, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
76 Days | 18 Days | -75.9% |
Summary: Homes in Santa Paula had an average of 18 days on market in Mar 2024, down by 75.9% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 12 homes were sold in Santa Paula; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.