Is Blossom Valley, 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, Blossom Valley has remained a Seller's Market.
Key Takeaway
Blossom Valley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Blossom Valley, CA
How much do homes in Blossom Valley, CA cost?
Median Sold Price
$1,367,500
$785/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Blossom Valley have sold for 10% more than they did a year ago.
Summary: The median home sold price in Blossom Valley was $1,367,500 in April 2024, up 10% from last year, and the median price per square foot was $785.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $570K | $488K | -14.4% |
| 2 Bedrooms | $656.2K | $650K | -1.0% |
| 3 Bedrooms | $1.2M | $1.2M | +5.8% |
| 4 Bedrooms | $1.3M | $1.4M | +7.9% |
| 5+ Bedrooms | $1.4M | $1.5M | +7.6% |
Summary: Blossom Valley housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.4%, 2 bedroom homes decreased by 1%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes increased by 7.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Blossom Valley | $1.2M | $1.3M | +10.0% |
| Del Robles | $1.3M | $1.4M | +6.8% |
| Pardee Homes | $1.4M | $1.4M | +3.2% |
Housing Supply in Blossom Valley, CA
How many homes are available in Blossom Valley, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 69 | 99 | +43.5% |
Summary: The Blossom Valley real estate market had 99 homes for sale in April 2024, a 43.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 15 | 24 | +60.0% |
| 3 Bedrooms | 21 | 29 | +38.1% |
| 4 Bedrooms | 28 | 40 | +42.9% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Blossom Valley housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 60%, 3 bedroom homes increased by 38.1%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 19 | 34 | +78.9% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
28 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Blossom Valley, you could pay more than the asking price. 87.5% of homes here sold above asking price last month.
Summary: A total of 34 homes were sold or pending in Blossom Valley in April 2024, up by 78.9% month-over-month. Of the 32 sold homes, 6% were sold under asking, 6% were sold at asking, and 88% were sold over asking.
Days on Market for Blossom Valley, CA
How long does it take to sell a home in Blossom Valley, CA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 13 Days | 8 Days | -35.0% |
Summary: Homes in Blossom Valley had an average of 8 days on market in Apr 2024, down by 35% compared to last year.
Breakdown of Home Sale Times
34 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Blossom Valley are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 34 homes were sold in Blossom Valley; 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.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.