Is California, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing California is a buyer's market

Buyer's
Market

Difference Since July 2021

At the same time last year, California was a Seller's Market.

Key Takeaway

California is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in California, PA cost?

Median Sold Price

$117,500

$76/sqft

Based on all homes sold in the last 12 months.

Difference Since July 2021

+$32,550(+38.3%)

Key Takeaway

Homes in California have sold for 38.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJul 2021Jul 2022%
1 --
N/A
2 $84.9K$66.7K
-21.4%
3 $91.6K$125K
+36.4%
4 $62.4K$154.5K
+147.4%
5+ $59.4K-
N/A

How many homes are available in California, PA?

Number of Homes For Sale

Jun 2022Jul 2022%
3136+16.1%

Homes For Sale By Bedroom Count

# BEDSJun 2022Jul 2022%
1 00
0.0%
2 35
+66.7%
3 1015
+50.0%
4 1412
-14.3%
5+ 44
0.0%

Number of Homes Sold

Jun 2022Jul 2022%
440.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in California, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Jul 2021Jul 2022%
20 Days44 Days+111.0%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in California has remained consistent over time.

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

About California, PA

There are 36 homes are for sale in California, PA real estate market. In July 2022 in California, PA there were 16.1% more homes for sale than in June 2022. The median list price of listings available in July 2022 was $117,500, while the average time on the real estate market was 44 days. Listing prices have changed in this real estate market between June 2022 and July 2022: 1 bedroom properties prices increased by 0%, 2 bedrooms properties prices decreased by 21.4%, prices of 3 bedrooms properties went up by 36.4%, the cost of 4 bedrooms properties went up by 147.4%, 5 bedrooms properties prices increased by 0%. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes went up by 66.7%, 3 bedrooms homes became 50% more available, 4 bedrooms homes inventory decreased by 14.3%, volume of 5 bedrooms homes stayed the same. Over 0 listings were sold over their listed price in July 2022 in California, PA. In the same period over 4 listings were sold below the listed price and 0 listings were sold for the listed price.

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