Is Valley Center, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
At the same time last year, Valley Center was a Seller's Market.
Housing Prices in Valley Center, CA
How much do homes in Valley Center, CA cost?
Median Sold Price
$877,747
$368/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Summary: The median home sold price in Valley Center was $877,747 in November 2023, down 4.3% from last year, and the median price per square foot was $368.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | $304.9K | $595.7K | +95.3% |
2 Bedrooms | $655K | $654.5K | -0.1% |
3 Bedrooms | $852K | $820K | -3.8% |
4 Bedrooms | $1.0M | $977K | -2.3% |
5+ Bedrooms | $1.1M | $1.1M | -6.8% |
Summary: Valley Center housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 95.3%, 2 bedroom homes decreased by 0.1%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes decreased by 6.8%.
Median Sold Price Compared To Nearby Cities
Escondido | $727K | $791.2K | +8.8% |
Pauma Valley | $740.2K | $775K | +4.7% |
Oceanside-Escondido | $840.3K | $854.5K | +1.7% |
Fallbrook | $850.2K | $850K | 0% |
Valley Center | $917.5K | $877.7K | -4.3% |
Housing Supply in Valley Center, CA
How many homes are available in Valley Center, CA?
Number of Homes For Sale
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
100 | 94 | -6.0% |
Summary: The Valley Center real estate market had 94 homes for sale in November 2023, a 6.0% decrease compared to October 2023.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 9 | 6 | -33.3% |
3 Bedrooms | 36 | 36 | 0.0% |
4 Bedrooms | 39 | 35 | -10.3% |
5+ Bedrooms | 15 | 16 | +6.7% |
Summary: The Valley Center housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes increased by 6.7%.
Number of Homes Sold
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
26 | 14 | -46.2% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Valley Center in November 2023, down by 46.2% month-over-month. Of the 14 sold homes, 64% were sold under asking, 21% were sold at asking, and 14% were sold over asking.
Days on Market for Valley Center, CA
How long does it take to sell a home in Valley Center, CA?
Average Sale Time
Nov 2022 | Nov 2023 | CHANGE |
---|---|---|
42 Days | 38 Days | -9.4% |
Summary: Homes in Valley Center had an average of 38 days on market in Nov 2023, down by 9.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During November 2023, 14 homes were sold in Valley Center; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.