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 June 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
$330,312
$252/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Twentynine Palms-Yucca Valley have sold for 2.7% less than they did a year ago.
Summary: The median home sold price in Twentynine Palms-Yucca Valley was $330,312 in June 2024, down 2.7% from last year, and the median price per square foot was $252.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $227.5K | $225K | -1.1% |
| 2 Bedrooms | $300K | $291.7K | -2.8% |
| 3 Bedrooms | $351.9K | $355K | +0.9% |
| 4 Bedrooms | $410K | $410K | 0.0% |
| 5+ Bedrooms | $600K | $657.5K | +9.6% |
Summary: Twentynine Palms-Yucca Valley housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.1%, 2 bedroom homes decreased by 2.8%, 3 bedroom homes increased by 0.9%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 9.6%.
Median Sold Price Compared To Nearby Cities
| Yucca Valley | $375K | $373.7K | -0.3% |
| Twentynine Palms-Yucca Valley | $339.5K | $330.3K | -2.7% |
| Twentynine Palms | $285K | $265.6K | -6.8% |
| Joshua Tree | $420K | $390K | -7.1% |
Housing Supply in Twentynine Palms-Yucca Valley, CA
How many homes are available in Twentynine Palms-Yucca Valley, CA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 810 | 868 | +7.2% |
Summary: The Twentynine Palms-Yucca Valley real estate market had 868 homes for sale in June 2024, a 7.2% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 72 | 84 | +16.7% |
| 2 Bedrooms | 263 | 285 | +8.4% |
| 3 Bedrooms | 342 | 350 | +2.3% |
| 4 Bedrooms | 108 | 118 | +9.3% |
| 5+ Bedrooms | 25 | 31 | +24.0% |
Summary: The Twentynine Palms-Yucca Valley housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 8.4%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 24%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 100 | 89 | -11.0% |
Asking Price vs. Sold Price
47 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
27 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. 52.8% of homes here sold below asking price last month.
Summary: A total of 89 homes were sold or pending in Twentynine Palms-Yucca Valley in June 2024, down by 11.0% month-over-month. Of the 89 sold homes, 53% were sold under asking, 17% were sold at asking, and 30% 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
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 49 Days | 49 Days | -0.2% |
Summary: Homes in Twentynine Palms-Yucca Valley had an average of 49 days on market in Jun 2024, down by 0.2% compared to last year.
Breakdown of Home Sale Times
42 Homes Were Sold
Under 30 Days
32 Homes Were Sold
In 30 - 90 Days
15 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 June 2024, 89 homes were sold in Twentynine Palms-Yucca Valley; 47% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 17% 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.