Is Seven Oaks, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Seven Oaks has remained a Seller's Market.
Housing Prices in Seven Oaks, CA
How much do homes in Seven Oaks, CA cost?
Median Sold Price
$802,500
$549/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Seven Oaks was $802,500 in April 2024, up 0.3% from last year, and the median price per square foot was $549.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $460K | $428K | -7.0% |
2 Bedrooms | $765K | $790K | +3.3% |
3 Bedrooms | $892.5K | $972.5K | +9.0% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | $2.1M | - | N/A |
Summary: Seven Oaks housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Rancho Bernardo | $812.9K | $901.3K | +10.9% |
Northeastern San Diego | $920K | $1.0M | +10.2% |
Seven Oaks | $800K | $802.5K | 0.3% |
Housing Supply in Seven Oaks, CA
How many homes are available in Seven Oaks, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 32 | +28.0% |
Summary: The Seven Oaks real estate market had 32 homes for sale in April 2024, a 28.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 15 | 19 | +26.7% |
3 Bedrooms | 10 | 12 | +20.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Seven Oaks housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 26.7%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 7 | -12.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Seven Oaks in April 2024, down by 12.5% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.
Days on Market for Seven Oaks, CA
How long does it take to sell a home in Seven Oaks, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
17 Days | 12 Days | -25.9% |
Summary: Homes in Seven Oaks had an average of 12 days on market in Apr 2024, down by 25.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Seven Oaks; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.