Is Watsonville, 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, Watsonville has remained a Seller's Market.
Housing Prices in Watsonville, CA
How much do homes in Watsonville, CA cost?
Median Sold Price
$780,000
$577/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Watsonville was $780,000 in March 2024, up 11.4% from last year, and the median price per square foot was $577.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $449.5K | $444.5K | -1.1% |
2 Bedrooms | $620K | $599K | -3.4% |
3 Bedrooms | $770K | $810K | +5.2% |
4 Bedrooms | $870K | $945K | +8.6% |
5+ Bedrooms | $990K | $3.3M | +233.3% |
Summary: Watsonville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.1%, 2 bedroom homes decreased by 3.4%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 233.3%.
Median Sold Price Compared To Nearby Cities
Watsonville | $700K | $780K | +11.4% |
Pajaro | $887K | $905K | +2.0% |
Housing Supply in Watsonville, CA
How many homes are available in Watsonville, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
68 | 79 | +16.2% |
Summary: The Watsonville real estate market had 79 homes for sale in March 2024, a 16.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 7 | +16.7% |
2 Bedrooms | 24 | 25 | +4.2% |
3 Bedrooms | 23 | 26 | +13.0% |
4 Bedrooms | 9 | 13 | +44.4% |
5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Watsonville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 44.4%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
13 | 21 | +61.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Watsonville in March 2024, up by 61.5% month-over-month. Of the 21 sold homes, 38% were sold under asking, 29% were sold at asking, and 33% were sold over asking.
Days on Market for Watsonville, CA
How long does it take to sell a home in Watsonville, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
69 Days | 41 Days | -40.3% |
Summary: Homes in Watsonville had an average of 41 days on market in Mar 2024, down by 40.3% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 21 homes were sold in Watsonville; 62% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.