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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Buellton is a buyer's market

Buyer's
Market

Difference Since April 2023

Since last year, Buellton has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Buellton, CA

How much do homes in Buellton, CA cost?

Median Sold Price

$900,000

$538/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$90,000(+11.1%)

Key Takeaway

Homes in Buellton have sold for 11.1% more than they did a year ago.

Summary: The median home sold price in Buellton was $900,000 in April 2024, up 11.1% from last year, and the median price per square foot was $538.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $470K-
N/A
2 $674.5K$545K
-19.2%
3 $800K$822.5K
+2.8%
4 $955.9K$999K
+4.5%
5+ $966.2K$1.2M
+34.0%

Summary: Buellton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19.2%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 34%.

Median Sold Price Compared To Nearby Cities

Buellton
+11.1%
Solvang-Santa Ynez
+10.2%

Housing Supply in Buellton, CA

How many homes are available in Buellton, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
917+88.9%

Summary: The Buellton real estate market had 17 homes for sale in April 2024, a 88.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 02
+100.0%
3 47
+75.0%
4 58
+60.0%
5+ 00
0.0%

Summary: The Buellton 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 100%, 3 bedroom homes increased by 75%, 4 bedroom homes increased by 60%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was 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 Buellton, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Buellton in April 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Buellton, CA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
16 Days127 Days+669.7%

Summary: Homes in Buellton had an average of 127 days on market in Apr 2024, up by 669.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Buellton are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 1 homes were sold in Buellton; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 1 Day Ago

Newest Listings in Buellton, CA

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