Is Templeton, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Templeton was a Buyer's Market.
Key Takeaway
Templeton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Templeton, CA
How much do homes in Templeton, CA cost?
Median Sold Price
$950,000
$499/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Templeton have sold for 10.1% more than they did a year ago.
Summary: The median home sold price in Templeton was $950,000 in March 2024, up 10.1% from last year, and the median price per square foot was $499.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $833K | $500K | -40.0% |
| 2 Bedrooms | $2.2M | $625K | -71.8% |
| 3 Bedrooms | $815K | $807.5K | -0.9% |
| 4 Bedrooms | $1.2M | $1.4M | +20.9% |
| 5+ Bedrooms | $975K | $2.6M | +171.8% |
Summary: Templeton housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 40%, 2 bedroom homes decreased by 71.8%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 20.9%, and 5+ bedroom homes increased by 171.8%.
Median Sold Price Compared To Nearby Cities
| Templeton | $862.5K | $950K | +10.1% |
| Cayucos | $1.2M | $1.3M | +10.1% |
| Paso Robles | $679.2K | $686.6K | +1.1% |
| Atascadero | $760.6K | $748.7K | -1.6% |
| North Coast | $950.9K | $926K | -2.6% |
Housing Supply in Templeton, CA
How many homes are available in Templeton, CA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 31 | 35 | +12.9% |
Summary: The Templeton real estate market had 35 homes for sale in March 2024, a 12.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 12 | 15 | +25.0% |
| 4 Bedrooms | 16 | 18 | +12.5% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Templeton housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Templeton, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Templeton in March 2024, down by 25.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for Templeton, CA
How long does it take to sell a home in Templeton, CA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 5 Days | 78 Days | +1321.2% |
Summary: Homes in Templeton had an average of 78 days on market in Mar 2024, up by 1321.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Templeton are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 6 homes were sold in Templeton; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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