Is Wildomar, 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, Wildomar has remained a Seller's Market.
Housing Prices in Wildomar, CA
How much do homes in Wildomar, CA cost?
Median Sold Price
$628,712
$280/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Wildomar was $628,712 in March 2024, up 3.2% from last year, and the median price per square foot was $280.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $368.7K | - | N/A |
2 Bedrooms | $409.5K | $430K | +5.0% |
3 Bedrooms | $566K | $570K | +0.7% |
4 Bedrooms | $610K | $625K | +2.5% |
5+ Bedrooms | $673.5K | $695K | +3.2% |
Summary: Wildomar housing prices by bedroom type for March 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 0.7%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 3.2%.
Median Sold Price Compared To Nearby Cities
Murrieta | $632.2K | $660K | +4.4% |
Wildomar | $609.1K | $628.7K | +3.2% |
Perris Valley | $540.1K | $550K | +1.8% |
Menifee | $547.9K | $550K | 0.4% |
Lake Elsinore | $570.1K | $570K | 0% |
Housing Supply in Wildomar, CA
How many homes are available in Wildomar, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
77 | 81 | +5.2% |
Summary: The Wildomar real estate market had 81 homes for sale in March 2024, a 5.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 5 | +150.0% |
3 Bedrooms | 28 | 19 | -32.1% |
4 Bedrooms | 35 | 41 | +17.1% |
5+ Bedrooms | 12 | 16 | +33.3% |
Summary: The Wildomar housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 150%, 3 bedroom homes decreased by 32.1%, 4 bedroom homes increased by 17.1%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
22 | 26 | +18.2% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in Wildomar in March 2024, up by 18.2% month-over-month. Of the 26 sold homes, 46% were sold under asking, 12% were sold at asking, and 42% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
24 Days | 52 Days | +115.8% |
Summary: Homes in Wildomar had an average of 52 days on market in Mar 2024, up by 115.8% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 26 homes were sold in Wildomar; 69% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.