Is West Kern, 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, West Kern has remained a Buyer's Market.
Housing Prices in West Kern, CA
How much do homes in West Kern, CA cost?
Median Sold Price
$327,500
$233/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in West Kern was $327,500 in April 2024, down 4.4% from last year, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $166.4K | $225K | +35.2% |
2 Bedrooms | $300K | $284.5K | -5.2% |
3 Bedrooms | $387.5K | $349.5K | -9.8% |
4 Bedrooms | $485K | $425K | -12.4% |
5+ Bedrooms | $1.2M | $557.5K | -55.4% |
Summary: West Kern housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 35.2%, 2 bedroom homes decreased by 5.2%, 3 bedroom homes decreased by 9.8%, 4 bedroom homes decreased by 12.4%, and 5+ bedroom homes decreased by 55.4%.
Housing Supply in West Kern, CA
How many homes are available in West Kern, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
116 | 129 | +11.2% |
Summary: The West Kern real estate market had 129 homes for sale in April 2024, a 11.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 34 | 33 | -2.9% |
3 Bedrooms | 59 | 66 | +11.9% |
4 Bedrooms | 12 | 17 | +41.7% |
5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The West Kern housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 2.9%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 41.7%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 18 | +5.9% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in West Kern in April 2024, up by 5.9% month-over-month. Of the 18 sold homes, 44% were sold under asking, 22% were sold at asking, and 33% were sold over asking.
Days on Market for West Kern, CA
How long does it take to sell a home in West Kern, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
46 Days | 51 Days | +10.6% |
Summary: Homes in West Kern had an average of 51 days on market in Apr 2024, up by 10.6% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 18 homes were sold in West Kern; 61% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.