Is Needles, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Needles was a Buyer's Market.
Housing Prices in Needles, CA
How much do homes in Needles, CA cost?
Median Sold Price
$140,000
$103/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Needles was $140,000 in April 2024, up 1.8% from last year, and the median price per square foot was $103.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $46.7K | $95K | +103.2% |
2 Bedrooms | $60K | $89K | +48.3% |
3 Bedrooms | $174K | $158K | -9.2% |
4 Bedrooms | $135K | $165K | +22.2% |
5+ Bedrooms | $225K | - | N/A |
Summary: Needles housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 103.2%, 2 bedroom homes increased by 48.3%, 3 bedroom homes decreased by 9.2%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes did not change.
Housing Supply in Needles, CA
How many homes are available in Needles, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 32 | +10.3% |
Summary: The Needles real estate market had 32 homes for sale in April 2024, a 10.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 6 | 7 | +16.7% |
3 Bedrooms | 15 | 13 | -13.3% |
4 Bedrooms | 4 | 6 | +50.0% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Needles 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 16.7%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 5 | +150.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Needles in April 2024, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Needles, CA
How long does it take to sell a home in Needles, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
25 Days | 63 Days | +150.2% |
Summary: Homes in Needles had an average of 63 days on market in Apr 2024, up by 150.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Needles; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.