Is Twentynine Palms-Yucca Valley, 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, Twentynine Palms-Yucca Valley was a Seller's Market.
Key Takeaway
Twentynine Palms-Yucca Valley is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Twentynine Palms-Yucca Valley, CA
How much do homes in Twentynine Palms-Yucca Valley, CA cost?
Median Sold Price
$335,250
$257/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Twentynine Palms-Yucca Valley have sold for 5% less than they did a year ago.
Summary: The median home sold price in Twentynine Palms-Yucca Valley was $335,250 in March 2024, down 5% from last year, and the median price per square foot was $257.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $250K | $237.5K | -5.0% |
| 2 Bedrooms | $315K | $299K | -5.1% |
| 3 Bedrooms | $375.6K | $353.1K | -6.0% |
| 4 Bedrooms | $442.5K | $400K | -9.6% |
| 5+ Bedrooms | $740K | $565K | -23.6% |
Summary: Twentynine Palms-Yucca Valley housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5%, 2 bedroom homes decreased by 5.1%, 3 bedroom homes decreased by 6%, 4 bedroom homes decreased by 9.6%, and 5+ bedroom homes decreased by 23.6%.
Median Sold Price Compared To Nearby Cities
| Yucca Valley | $389.7K | $373.7K | -4.1% |
| Twentynine Palms-Yucca Valley | $353K | $335.2K | -5.0% |
| Twentynine Palms | $299.7K | $270K | -9.9% |
| Joshua Tree | $470K | $391K | -16.8% |
Housing Supply in Twentynine Palms-Yucca Valley, CA
How many homes are available in Twentynine Palms-Yucca Valley, CA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 633 | 734 | +16.0% |
Summary: The Twentynine Palms-Yucca Valley real estate market had 734 homes for sale in March 2024, a 16.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 72 | 79 | +9.7% |
| 2 Bedrooms | 211 | 254 | +20.4% |
| 3 Bedrooms | 256 | 285 | +11.3% |
| 4 Bedrooms | 75 | 92 | +22.7% |
| 5+ Bedrooms | 19 | 24 | +26.3% |
Summary: The Twentynine Palms-Yucca Valley housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.7%, 2 bedroom homes increased by 20.4%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 22.7%, and 5+ bedroom homes increased by 26.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 72 | 69 | -4.2% |
Asking Price vs. Sold Price
44 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Twentynine Palms-Yucca Valley, you may be able to get a good deal. 63.8% of homes here sold below asking price last month.
Summary: A total of 69 homes were sold or pending in Twentynine Palms-Yucca Valley in March 2024, down by 4.2% month-over-month. Of the 69 sold homes, 64% were sold under asking, 22% were sold at asking, and 14% were sold over asking.
Days on Market for Twentynine Palms-Yucca Valley, CA
How long does it take to sell a home in Twentynine Palms-Yucca Valley, CA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 68 Days | 58 Days | -15.7% |
Summary: Homes in Twentynine Palms-Yucca Valley had an average of 58 days on market in Mar 2024, down by 15.7% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
19 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Twentynine Palms-Yucca Valley are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 69 homes were sold in Twentynine Palms-Yucca Valley; 46% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 28% 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. 
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