Is Watsonville, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Watsonville is a seller's market

Buyer's
Market

Difference Since May 2021

Since last year, Watsonville has remained a Seller's Market.

Key Takeaway

Watsonville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Watsonville, CA cost?

Median Sold Price

$695,000

$490/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$125,000(+21.9%)

Key Takeaway

Homes in Watsonville have sold for 21.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 $285K$449.5K
+57.7%
2 $473.5K$580K
+22.5%
3 $650K$800K
+23.1%
4 $685K$862.5K
+25.9%
5+ $747K$888K
+18.9%

Median Sold Price Compared To Nearby Cities

Watsonville
+21.9%
Pajaro
+21.9%

How many homes are available in Watsonville, CA?

Number of Homes For Sale

Apr 2022May 2022%
6054-10.0%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 31
-66.7%
2 1821
+16.7%
3 2116
-23.8%
4 1512
-20.0%
5+ 34
+33.3%

Number of Homes Sold

Apr 2022May 2022%
2019-5.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Watsonville, you could pay more than the asking price. 73.7% of homes here sold above asking price last month.

Average Sale Time

May 2021May 2022%
11 Days7 Days-28.2%

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Watsonville, CA

There are 54 homes are for sale in Watsonville, CA real estate market. In May 2022 in Watsonville, CA there were 10% less homes for sale than in April 2022. Listings spent 7 days on the market in May 2022, and had a median list price of $695,000 during the same period. Real estate listing prices changed between April 2022 and May 2022: prices of 1 bedroom properties increased by 57.7%, prices of 2 bedrooms properties went up by 22.5%, prices of 3 bedrooms properties went up by 23.1%, 4 bedrooms properties became 25.9% more expensive, the cost of 5 bedrooms properties went up by 18.9%. Volume of homes for sale changed: 1 bedroom homes inventory decreased by 66.7%, 2 bedrooms homes inventory increased by 16.7%, volume of 3 bedrooms homes went down by 23.8%, volume of 4 bedrooms homes went down by 20%, volume of 5 bedrooms homes went up by 33.3%. Watsonville, CA housing market in May 2022 saw over 14 listings sold above listed price, more than 3 sold at listed price and over 2 sold below.

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