Is Southridge Villages, 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, Southridge Villages has remained a Seller's Market.
Housing Prices in Southridge Villages, CA
How much do homes in Southridge Villages, CA cost?
Median Sold Price
$565,000
$387/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Southridge Villages was $565,000 in April 2024, up 1.7% from last year, and the median price per square foot was $387.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $475K | $505K | +6.3% |
3 Bedrooms | $547K | $553K | +1.1% |
4 Bedrooms | $580K | $597.5K | +3.0% |
5+ Bedrooms | $617.5K | $645K | +4.5% |
Summary: Southridge Villages housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 4.5%.
Median Sold Price Compared To Nearby Neighborhoods
Jurupa Valley | $610K | $650K | +6.6% |
Glen Avon | $560K | $595K | +6.3% |
Southridge Villages | $555.5K | $565K | +1.7% |
Housing Supply in Southridge Villages, CA
How many homes are available in Southridge Villages, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
46 | 41 | -10.9% |
Summary: The Southridge Villages real estate market had 41 homes for sale in April 2024, a 10.9% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 31 | 25 | -19.4% |
4 Bedrooms | 10 | 10 | 0.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Southridge Villages housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 19.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 11 | -26.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Southridge Villages in April 2024, down by 26.7% month-over-month. Of the 11 sold homes, 45% were sold under asking, 9% were sold at asking, and 45% were sold over asking.
Days on Market for Southridge Villages, CA
How long does it take to sell a home in Southridge Villages, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
14 Days | 23 Days | +65.4% |
Summary: Homes in Southridge Villages had an average of 23 days on market in Apr 2024, up by 65.4% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in Southridge Villages; 82% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.