Is Triunfo Pass-Point Mugu, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Triunfo Pass-Point Mugu is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Triunfo Pass-Point Mugu was a Seller's Market.

Key Takeaway

Triunfo Pass-Point Mugu is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Triunfo Pass-Point Mugu, CA

How much do homes in Triunfo Pass-Point Mugu, CA cost?

Median Sold Price

$3,811,000

$1,007/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$176,500(-4.4%)

Key Takeaway

Homes in Triunfo Pass-Point Mugu have sold for 4.4% less than they did a year ago.

Summary: The median home sold price in Triunfo Pass-Point Mugu was $3,811,000 in March 2024, down 4.4% from last year, and the median price per square foot was $1,007.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $2.5M$1.5M
-39.0%
2 $1.4M$1.0M
-23.8%
3 $2.8M$2.3M
-14.9%
4 $3.7M$4.4M
+19.1%
5+ $6.7M$5.6M
-16.1%

Summary: Triunfo Pass-Point Mugu housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 39%, 2 bedroom homes decreased by 23.8%, 3 bedroom homes decreased by 14.9%, 4 bedroom homes increased by 19.1%, and 5+ bedroom homes decreased by 16.1%.

Median Sold Price Compared To Nearby Cities

Thousand Oaks
+4.6%
Westlake Village
+3.1%
Westlake Village
+2.9%
Newbury Park
+2.4%
Triunfo Pass-Point Mugu
-4.4%

Housing Supply in Triunfo Pass-Point Mugu, CA

How many homes are available in Triunfo Pass-Point Mugu, CA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3542+20.0%

Summary: The Triunfo Pass-Point Mugu real estate market had 42 homes for sale in March 2024, a 20.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 12
+100.0%
2 46
+50.0%
3 11
0.0%
4 1311
-15.4%
5+ 1622
+37.5%

Summary: The Triunfo Pass-Point Mugu housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes increased by 37.5%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Triunfo Pass-Point Mugu, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Triunfo Pass-Point Mugu in March 2024, up by 150.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for Triunfo Pass-Point Mugu, CA

How long does it take to sell a home in Triunfo Pass-Point Mugu, CA?

Average Sale Time

Mar 2023Mar 2024CHANGE
69 Days41 Days-40.0%

Summary: Homes in Triunfo Pass-Point Mugu had an average of 41 days on market in Mar 2024, down by 40% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Triunfo Pass-Point Mugu are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 5 homes were sold in Triunfo Pass-Point Mugu; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 25 Days Ago

Newest Listings in Triunfo Pass-Point Mugu, CA

Nearby Markets to Triunfo Pass-Point Mugu, CA

What housing markets are near Triunfo Pass-Point Mugu, CA?