Is Woodbridge, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Woodbridge has remained a Seller's Market.
Housing Prices in Woodbridge, CA
How much do homes in Woodbridge, CA cost?
Median Sold Price
$1,200,000
$746/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Woodbridge was $1,200,000 in April 2024, up 30.4% from last year, and the median price per square foot was $746.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $500K | $612.5K | +22.5% |
2 Bedrooms | $800K | $825K | +3.1% |
3 Bedrooms | $925K | $1.2M | +35.7% |
4 Bedrooms | $1.4M | $1.7M | +13.4% |
5+ Bedrooms | $1.9M | $2.5M | +30.3% |
Summary: Woodbridge housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.5%, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 35.7%, 4 bedroom homes increased by 13.4%, and 5+ bedroom homes increased by 30.3%.
Median Sold Price Compared To Nearby Neighborhoods
Woodbridge | $920K | $1.2M | +30.4% |
Westpark | $1.1M | $1.3M | +18.2% |
El Camino Real | $1.0M | $1.2M | +12.1% |
Oakcreek | $832.5K | $908.5K | +9.1% |
Housing Supply in Woodbridge, CA
How many homes are available in Woodbridge, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
45 | 44 | -2.2% |
Summary: The Woodbridge real estate market had 44 homes for sale in April 2024, a 2.2% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 13 | 16 | +23.1% |
3 Bedrooms | 18 | 15 | -16.7% |
4 Bedrooms | 12 | 12 | 0.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Woodbridge housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 23.1%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 15 | -11.8% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Woodbridge in April 2024, down by 11.8% month-over-month. Of the 15 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for Woodbridge, CA
How long does it take to sell a home in Woodbridge, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
13 Days | 9 Days | -33.5% |
Summary: Homes in Woodbridge had an average of 9 days on market in Apr 2024, down by 33.5% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in Woodbridge; 93% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.