Is Berryessa, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Berryessa is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Berryessa has remained a Seller's Market.

Key Takeaway

Berryessa is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Berryessa, CA

How much do homes in Berryessa, CA cost?

Median Sold Price

$1,450,000

$851/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$100,000(+7.4%)

Key Takeaway

Homes in Berryessa have sold for 7.4% more than they did a year ago.

Summary: The median home sold price in Berryessa was $1,450,000 in April 2024, up 7.4% from last year, and the median price per square foot was $851.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $430K$416.9K
-3.0%
2 $635K$732.5K
+15.4%
3 $1.3M$1.4M
+10.5%
4 $1.4M$1.6M
+11.1%
5+ $1.9M$1.7M
-8.7%

Summary: Berryessa housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3%, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 8.7%.

Housing Supply in Berryessa, CA

How many homes are available in Berryessa, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4262+47.6%

Summary: The Berryessa real estate market had 62 homes for sale in April 2024, a 47.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 33
0.0%
2 1013
+30.0%
3 1420
+42.9%
4 1424
+71.4%
5+ 12
+100.0%

Summary: The Berryessa 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 30%, 3 bedroom homes increased by 42.9%, 4 bedroom homes increased by 71.4%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1023+130.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Berryessa, you could pay more than the asking price. 90% of homes here sold above asking price last month.

Summary: A total of 23 homes were sold or pending in Berryessa in April 2024, up by 130.0% month-over-month. Of the 20 sold homes, 0% were sold under asking, 10% were sold at asking, and 90% were sold over asking.

Days on Market for Berryessa, CA

How long does it take to sell a home in Berryessa, CA?

Average Sale Time

Apr 2023Apr 2024CHANGE
22 Days7 Days-68.4%

Summary: Homes in Berryessa had an average of 7 days on market in Apr 2024, down by 68.4% compared to last year.

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Berryessa are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 23 homes were sold in Berryessa; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 19 Days Ago

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