Is Shandon, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shandon is a seller's market

Buyer's
Market

Difference Since May 2022

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

Key Takeaway

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

How much do homes in Shandon, CA cost?

Median Sold Price

$462,000

$362/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2022

+$29,500(+6.8%)

Key Takeaway

Homes in Shandon have sold for 6.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2022May 2023%
1 --
N/A
2 $395K$377K
-4.6%
3 $442K$497.5K
+12.6%
4 $475K-
N/A
5+ -$462K
N/A

Median Sold Price Compared To Nearby Cities

Shandon
+6.8%
Paso Robles
+2.2%

How many homes are available in Shandon, CA?

Number of Homes For Sale

Apr 2023May 2023%
220.0%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 00
0.0%
2 21
-50.0%
3 01
+100.0%
4 00
0.0%
5+ 00
0.0%

Number of Homes Sold

Apr 2023May 2023%
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Shandon, you may be able to get a good deal. 100% of homes here sold below asking price last month.

How long does it take to sell a home in Shandon, CA?

How long does it take to sell a home in Shandon, CA?

Average Sale Time

May 2022May 2023%
28 Days2 Days-92.9%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Shandon 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.

What housing markets are near Shandon, CA?

About Shandon, CA

Shandon, CA has 2 homes for sale to choose from. Listings spent 2 days on the market in May 2023, and had a median list price of $462,000 during the same period. Listing prices have changed in this real estate market between April 2023 and May 2023: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties went down by 4.6%, prices of 3 bedrooms properties went up by 12.6%, prices of 4 bedrooms properties went up by 0%, 5 bedrooms properties became 0% more expensive. This housing market inventory have changed: 1 bedroom homes inventory did not change, number of 2 bedrooms homes decreased by 50%, volume of 3 bedrooms homes went up by 100%, 4 bedrooms homes inventory did not change, volume of 5 bedrooms homes stayed the same. Over 0 listings were sold over their listed price in May 2023 in Shandon, CA. In the same period over 1 listings were sold below the listed price and 0 listings were sold for the listed price.