Is Victorville-Hesperia, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Victorville-Hesperia has remained a Seller's Market.
Housing Prices in Victorville-Hesperia, CA
How much do homes in Victorville-Hesperia, CA cost?
Median Sold Price
$420,000
$235/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Victorville-Hesperia was $420,000 in March 2024, up 1.4% from last year, and the median price per square foot was $235.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $195K | $164.5K | -15.6% |
2 Bedrooms | $315K | $325K | +3.2% |
3 Bedrooms | $390K | $400K | +2.6% |
4 Bedrooms | $457.1K | $460K | +0.6% |
5+ Bedrooms | $495K | $510K | +3.0% |
Summary: Victorville-Hesperia housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.6%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 3%.
Median Sold Price Compared To Nearby Cities
Adelanto | $370.3K | $383K | +3.4% |
Apple Valley | $400K | $410K | +2.5% |
Victorville | $410.3K | $420K | +2.4% |
Victorville-Hesperia | $414.3K | $420K | +1.4% |
Housing Supply in Victorville-Hesperia, CA
How many homes are available in Victorville-Hesperia, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1,412 | 1,462 | +3.5% |
Summary: The Victorville-Hesperia real estate market had 1,462 homes for sale in March 2024, a 3.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 16 | 17 | +6.3% |
2 Bedrooms | 109 | 128 | +17.4% |
3 Bedrooms | 598 | 601 | 0.5% |
4 Bedrooms | 524 | 543 | +3.6% |
5+ Bedrooms | 165 | 173 | +4.8% |
Summary: The Victorville-Hesperia housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.3%, 2 bedroom homes increased by 17.4%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 4.8%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
294 | 353 | +20.1% |
Asking Price vs. Sold Price
118 Homes Were Sold
Under Asking
98 Homes Were Sold
At Asking
137 Homes Were Sold
Over Asking
Summary: A total of 353 homes were sold or pending in Victorville-Hesperia in March 2024, up by 20.1% month-over-month. Of the 353 sold homes, 33% were sold under asking, 28% were sold at asking, and 39% were sold over asking.
Days on Market for Victorville-Hesperia, CA
How long does it take to sell a home in Victorville-Hesperia, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
57 Days | 42 Days | -24.8% |
Summary: Homes in Victorville-Hesperia had an average of 42 days on market in Mar 2024, down by 24.8% compared to last year.
Breakdown of Home Sale Times
193 Homes Were Sold
Under 30 Days
104 Homes Were Sold
In 30 - 90 Days
56 Homes Were Sold
Over 90 Days
Summary: During March 2024, 353 homes were sold in Victorville-Hesperia; 55% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.