Is Hidden Valley Lake, 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, Hidden Valley Lake has remained a Seller's Market.
Key Takeaway
Hidden Valley Lake is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hidden Valley Lake, CA
How much do homes in Hidden Valley Lake, CA cost?
Median Sold Price
$387,450
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Hidden Valley Lake have sold for 0.7% less than they did a year ago.
Summary: The median home sold price in Hidden Valley Lake was $387,450 in April 2024, down 0.7% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $312.4K | $300K | -4.0% |
| 3 Bedrooms | $389K | $377K | -3.1% |
| 4 Bedrooms | $520K | $480.5K | -7.6% |
| 5+ Bedrooms | $570K | $550K | -3.5% |
Summary: Hidden Valley Lake 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 4%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes decreased by 7.6%, and 5+ bedroom homes decreased by 3.5%.
Median Sold Price Compared To Nearby Cities
| Lower Lake | $399.5K | $472.5K | +18.3% |
| Hidden Valley Lake | $390K | $387.4K | -0.7% |
| Middletown | $391.8K | $380K | -3.0% |
Housing Supply in Hidden Valley Lake, CA
How many homes are available in Hidden Valley Lake, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 91 | 90 | -1.1% |
Summary: The Hidden Valley Lake real estate market had 90 homes for sale in April 2024, a 1.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 9 | 8 | -11.1% |
| 3 Bedrooms | 60 | 62 | +3.3% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 11 | 9 | -18.2% |
Summary: The Hidden Valley Lake 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 decreased by 11.1%, 3 bedroom homes increased by 3.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 18.2%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 14 | 16 | +14.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hidden Valley Lake, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Hidden Valley Lake in April 2024, up by 14.3% month-over-month. Of the 16 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Hidden Valley Lake, CA
How long does it take to sell a home in Hidden Valley Lake, CA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 74 Days | 131 Days | +76.4% |
Summary: Homes in Hidden Valley Lake had an average of 131 days on market in Apr 2024, up by 76.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Hidden Valley Lake are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 16 homes were sold in Hidden Valley Lake; 13% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.
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