Is Fairgrounds, 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, Fairgrounds has remained a Seller's Market.
Housing Prices in Fairgrounds, CA
How much do homes in Fairgrounds, CA cost?
Median Sold Price
$986,333
$696/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Fairgrounds was $986,333 in April 2024, up 5.4% from last year, and the median price per square foot was $696.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $539K | $485K | -10.0% |
2 Bedrooms | $687.5K | $730K | +6.2% |
3 Bedrooms | $1.0M | $1.0M | +3.9% |
4 Bedrooms | $1.1M | $1.2M | +9.0% |
5+ Bedrooms | $1.2M | $1.4M | +17.2% |
Summary: Fairgrounds housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10%, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 17.2%.
Housing Supply in Fairgrounds, CA
How many homes are available in Fairgrounds, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
81 | 104 | +28.4% |
Summary: The Fairgrounds real estate market had 104 homes for sale in April 2024, a 28.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 6 | +20.0% |
2 Bedrooms | 23 | 30 | +30.4% |
3 Bedrooms | 31 | 45 | +45.2% |
4 Bedrooms | 18 | 19 | +5.6% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Fairgrounds housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 30.4%, 3 bedroom homes increased by 45.2%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 34 | +17.2% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Summary: A total of 34 homes were sold or pending in Fairgrounds in April 2024, up by 17.2% month-over-month. Of the 32 sold homes, 13% were sold under asking, 16% were sold at asking, and 72% were sold over asking.
Days on Market for Fairgrounds, CA
How long does it take to sell a home in Fairgrounds, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
23 Days | 22 Days | -3.9% |
Summary: Homes in Fairgrounds had an average of 22 days on market in Apr 2024, down by 3.9% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 34 homes were sold in Fairgrounds; 79% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.