Is Santa Paula, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Santa Paula is a seller's market

Buyer's
Market

Difference Since October 2021

Since last year, Santa Paula has remained a Seller's Market.

Key Takeaway

Santa Paula is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Santa Paula, CA cost?

Median Sold Price

$685,000

$421/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$125,000(+22.3%)

Key Takeaway

Homes in Santa Paula have sold for 22.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $415K-
N/A
2 $382.4K$418.5K
+9.4%
3 $562K$682.5K
+21.4%
4 $660K$725K
+9.8%
5+ $880K$951.6K
+8.1%

How many homes are available in Santa Paula, CA?

Number of Homes For Sale

Sep 2022Oct 2022%
39390.0%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 811
+37.5%
3 1312
-7.7%
4 1512
-20.0%
5+ 34
+33.3%

Number of Homes Sold

Sep 2022Oct 2022%
1114+27.3%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Average Sale Time

Oct 2021Oct 2022%
51 Days30 Days-40.9%

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Santa Paula are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Santa Paula, CA

There are 39 homes are for sale in Santa Paula, CA real estate market. In October 2022, listings were on the market for 30 days. During the same period, the median list price in this real estate market was $685,000. This housing market listing prices have changed between September 2022 and October 2022: 1 bedroom properties became 0% more expensive, prices of 2 bedrooms properties increased by 9.4%, prices of 3 bedrooms properties increased by 21.4%, the cost of 4 bedrooms properties went up by 9.8%, 5 bedrooms properties became 8.1% more expensive. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes inventory increased by 37.5%, volume of 3 bedrooms homes went down by 7.7%, 4 bedrooms homes became 20% less available, volume of 5 bedrooms homes went up by 33.3%. While more than 4 listings in Santa Paula, CA in October 2022 were sold above asking price, there were more than 3 listings sold at asking price, and more than 7 were sold below.