Is Temescal Valley, 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, Temescal Valley has remained a Seller's Market.
Key Takeaway
Temescal Valley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Temescal Valley, CA
How much do homes in Temescal Valley, CA cost?
Median Sold Price
$735,000
$356/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Temescal Valley have sold for 5% more than they did a year ago.
Summary: The median home sold price in Temescal Valley was $735,000 in April 2024, up 5% from last year, and the median price per square foot was $356.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $610K | $659.9K | +8.2% |
| 3 Bedrooms | $635K | $653K | +2.8% |
| 4 Bedrooms | $729K | $765K | +4.9% |
| 5+ Bedrooms | $857.5K | $900K | +5.0% |
Summary: Temescal Valley 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 8.2%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 5%.
Median Sold Price Compared To Nearby Neighborhoods
| Glen Ivy | $595K | $659.9K | +10.9% |
| Temescal Valley | $700K | $735K | +5.0% |
| Sycamore Creek | $760.5K | $785K | +3.2% |
| Horsethief Canyon Ranch | $635K | $655K | +3.1% |
Housing Supply in Temescal Valley, CA
How many homes are available in Temescal Valley, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 133 | 132 | -0.8% |
Summary: The Temescal Valley real estate market had 132 homes for sale in April 2024, a 0.8% 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 | 25 | 26 | +4.0% |
| 3 Bedrooms | 39 | 31 | -20.5% |
| 4 Bedrooms | 48 | 51 | +6.3% |
| 5+ Bedrooms | 21 | 24 | +14.3% |
Summary: The Temescal Valley 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 increased by 4%, 3 bedroom homes decreased by 20.5%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 34 | 41 | +20.6% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Temescal Valley, you could pay more than the asking price. 51.2% of homes here sold above asking price last month.
Summary: A total of 41 homes were sold or pending in Temescal Valley in April 2024, up by 20.6% month-over-month. Of the 41 sold homes, 27% were sold under asking, 22% were sold at asking, and 51% were sold over asking.
Days on Market for Temescal Valley, CA
How long does it take to sell a home in Temescal Valley, CA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 51 Days | 30 Days | -40.6% |
Summary: Homes in Temescal Valley had an average of 30 days on market in Apr 2024, down by 40.6% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Temescal Valley are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 41 homes were sold in Temescal Valley; 68% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 10% 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.