Is Valley Center, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Valley Center is a neutral's market

Buyer's
Market

Difference Since November 2022

At the same time last year, Valley Center was a Seller's Market.

Key Takeaway

Valley Center is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

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

-$39,752(-4.3%)

Key Takeaway

Homes in Valley Center have sold for 4.3% less than they did a year ago.

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

# BEDSNov 2022Nov 2023CHANGE
1 $304.9K$595.7K
+95.3%
2 $655K$654.5K
-0.1%
3 $852K$820K
-3.8%
4 $1.0M$977K
-2.3%
5+ $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
+8.8%
Pauma Valley
+4.7%
Oceanside-Escondido
+1.7%
Fallbrook
0%
Valley Center
-4.3%

Housing Supply in Valley Center, CA

How many homes are available in Valley Center, CA?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE
10094-6.0%

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

# BEDSOct 2023Nov 2023CHANGE
1 11
0.0%
2 96
-33.3%
3 3636
0.0%
4 3935
-10.3%
5+ 1516
+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 2023Nov 2023CHANGE
2614-46.2%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Valley Center, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.

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 2022Nov 2023CHANGE
42 Days38 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Valley Center are selling fast, if you're buying plan to act quickly.

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.

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

Report Updated 9 Days Ago

Newest Listings in Valley Center, CA

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