Is Watsonville, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Watsonville has remained a Seller's Market.
Housing Prices in Watsonville, CA
How much do homes in Watsonville, CA cost?
Median Sold Price
$800,000
$583/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Watsonville was $800,000 in May 2024, up 14.4% from last year, and the median price per square foot was $583.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $422.2K | $385K | -8.8% |
2 Bedrooms | $575K | $590K | +2.6% |
3 Bedrooms | $740K | $811K | +9.6% |
4 Bedrooms | $870K | $1.0M | +16.7% |
5+ Bedrooms | $1.3M | $2.6M | +97.2% |
Summary: Watsonville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.8%, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 97.2%.
Median Sold Price Compared To Nearby Cities
Watsonville | $699.5K | $800K | +14.4% |
Pajaro | $862.5K | $860K | -0.3% |
Housing Supply in Watsonville, CA
How many homes are available in Watsonville, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
79 | 87 | +10.1% |
Summary: The Watsonville real estate market had 87 homes for sale in May 2024, a 10.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 10 | +42.9% |
2 Bedrooms | 23 | 28 | +21.7% |
3 Bedrooms | 28 | 27 | -3.6% |
4 Bedrooms | 15 | 13 | -13.3% |
5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The Watsonville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 42.9%, 2 bedroom homes increased by 21.7%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
22 | 22 | 0.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in Watsonville in May 2024, the same as the previous month. Of the 22 sold homes, 32% were sold under asking, 27% were sold at asking, and 41% were sold over asking.
Days on Market for Watsonville, CA
How long does it take to sell a home in Watsonville, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
38 Days | 29 Days | -22.9% |
Summary: Homes in Watsonville had an average of 29 days on market in May 2024, down by 22.9% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 22 homes were sold in Watsonville; 64% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.