Is Sunnymead Ranch, 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, Sunnymead Ranch has remained a Seller's Market.
Key Takeaway
Sunnymead Ranch is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sunnymead Ranch, CA
How much do homes in Sunnymead Ranch, CA cost?
Median Sold Price
$580,000
$293/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Sunnymead Ranch have sold for 1.8% more than they did a year ago.
Summary: The median home sold price in Sunnymead Ranch was $580,000 in April 2024, up 1.8% from last year, and the median price per square foot was $293.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $400K | $430K | +7.5% |
| 3 Bedrooms | $500K | $530K | +6.0% |
| 4 Bedrooms | $585.2K | $590K | +0.8% |
| 5+ Bedrooms | $650K | $625K | -3.8% |
Summary: Sunnymead Ranch 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 7.5%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes decreased by 3.8%.
Housing Supply in Sunnymead Ranch, CA
How many homes are available in Sunnymead Ranch, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 48 | 41 | -14.6% |
Summary: The Sunnymead Ranch real estate market had 41 homes for sale in April 2024, a 14.6% 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 | 14 | 12 | -14.3% |
| 4 Bedrooms | 28 | 24 | -14.3% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Sunnymead Ranch 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 14.3%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 9 | +12.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sunnymead Ranch, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Sunnymead Ranch in April 2024, up by 12.5% month-over-month. Of the 9 sold homes, 44% were sold under asking, 33% were sold at asking, and 22% were sold over asking.
Days on Market for Sunnymead Ranch, CA
How long does it take to sell a home in Sunnymead Ranch, CA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 37 Days | 42 Days | +14.6% |
Summary: Homes in Sunnymead Ranch had an average of 42 days on market in Apr 2024, up by 14.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Sunnymead Ranch are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 9 homes were sold in Sunnymead Ranch; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.