Is Wildomar, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Wildomar has remained a Seller's Market.
Housing Prices in Wildomar, CA
How much do homes in Wildomar, CA cost?
Median Sold Price
$639,317
$285/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Wildomar was $639,317 in June 2024, up 6.2% from last year, and the median price per square foot was $285.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $210K | - | N/A |
2 Bedrooms | $419K | $440K | +5.0% |
3 Bedrooms | $565.7K | $595K | +5.2% |
4 Bedrooms | $600K | $650K | +8.3% |
5+ Bedrooms | $656K | $706.5K | +7.7% |
Summary: Wildomar housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 7.7%.
Median Sold Price Compared To Nearby Cities
Wildomar | $602K | $639.3K | +6.2% |
Murrieta | $629.9K | $668.4K | +6.1% |
Menifee | $539.9K | $562.3K | +4.1% |
Perris Valley | $536.4K | $557.2K | +3.9% |
Lake Elsinore | $560K | $578.8K | +3.4% |
Housing Supply in Wildomar, CA
How many homes are available in Wildomar, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
98 | 94 | -4.1% |
Summary: The Wildomar real estate market had 94 homes for sale in June 2024, a 4.1% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 4 | -42.9% |
3 Bedrooms | 23 | 27 | +17.4% |
4 Bedrooms | 44 | 42 | -4.5% |
5+ Bedrooms | 24 | 21 | -12.5% |
Summary: The Wildomar housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 42.9%, 3 bedroom homes increased by 17.4%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
24 | 24 | 0.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Wildomar in June 2024, the same as the previous month. Of the 24 sold homes, 33% were sold under asking, 13% were sold at asking, and 54% were sold over asking.
Days on Market for Wildomar, CA
How long does it take to sell a home in Wildomar, CA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
17 Days | 27 Days | +56.5% |
Summary: Homes in Wildomar had an average of 27 days on market in Jun 2024, up by 56.5% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 24 homes were sold in Wildomar; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.