Is Sierra, 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, Sierra was a Seller's Market.
Housing Prices in Sierra, CA
How much do homes in Sierra, CA cost?
Median Sold Price
$493,650
$265/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Sierra was $493,650 in April 2024, up 9.7% from last year, and the median price per square foot was $265.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $310K | $247.5K | -20.2% |
2 Bedrooms | $310K | $325K | +4.8% |
3 Bedrooms | $423K | $469K | +10.9% |
4 Bedrooms | $625K | $631.2K | +1.0% |
5+ Bedrooms | $699K | $1.3M | +93.1% |
Summary: Sierra housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.2%, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 1%, and 5+ bedroom homes increased by 93.1%.
Median Sold Price Compared To Nearby Cities
Auberry | $331.7K | $405K | +22.1% |
Sierra | $450K | $493.6K | +9.7% |
Shaver Lake | $610K | $662K | +8.5% |
Housing Supply in Sierra, CA
How many homes are available in Sierra, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
158 | 181 | +14.6% |
Summary: The Sierra real estate market had 181 homes for sale in April 2024, a 14.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 5 | 0.0% |
2 Bedrooms | 22 | 22 | 0.0% |
3 Bedrooms | 57 | 70 | +22.8% |
4 Bedrooms | 57 | 64 | +12.3% |
5+ Bedrooms | 17 | 20 | +17.6% |
Summary: The Sierra 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 remained the same, 3 bedroom homes increased by 22.8%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes increased by 17.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 10 | -47.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Sierra in April 2024, down by 47.4% month-over-month. Of the 10 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Sierra, CA
How long does it take to sell a home in Sierra, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
27 Days | 46 Days | +66.9% |
Summary: Homes in Sierra had an average of 46 days on market in Apr 2024, up by 66.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Sierra; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.