Is Sierra del Oro, 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, Sierra del Oro has remained a Seller's Market.
Housing Prices in Sierra del Oro, CA
How much do homes in Sierra del Oro, CA cost?
Median Sold Price
$730,000
$454/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Sierra del Oro was $730,000 in April 2024, down 3.7% from last year, and the median price per square foot was $454.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $361K | $380K | +5.3% |
2 Bedrooms | $460K | $475K | +3.3% |
3 Bedrooms | $685K | $708K | +3.4% |
4 Bedrooms | $854.5K | $875K | +2.4% |
5+ Bedrooms | $1.0M | $910K | -9.7% |
Summary: Sierra del Oro housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.3%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes decreased by 9.7%.
Median Sold Price Compared To Nearby Neighborhoods
North Corona | $655K | $700K | +6.9% |
South Corona | $830K | $860.3K | +3.7% |
Coronita | $695K | $699.5K | +0.6% |
Sierra del Oro | $757.9K | $730K | -3.7% |
Housing Supply in Sierra del Oro, CA
How many homes are available in Sierra del Oro, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
30 | 32 | +6.7% |
Summary: The Sierra del Oro real estate market had 32 homes for sale in April 2024, a 6.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 8 | +33.3% |
2 Bedrooms | 4 | 2 | -50.0% |
3 Bedrooms | 9 | 10 | +11.1% |
4 Bedrooms | 9 | 10 | +11.1% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Sierra del Oro housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 12 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Sierra del Oro in April 2024, up by 100.0% month-over-month. Of the 12 sold homes, 25% were sold under asking, 8% were sold at asking, and 67% were sold over asking.
Days on Market for Sierra del Oro, CA
How long does it take to sell a home in Sierra del Oro, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
53 Days | 13 Days | -74.9% |
Summary: Homes in Sierra del Oro had an average of 13 days on market in Apr 2024, down by 74.9% 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 April 2024, 12 homes were sold in Sierra del Oro; 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.