Is Wildomar, 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, Wildomar has remained a Seller's Market.
Housing Prices in Wildomar, CA
How much do homes in Wildomar, CA cost?
Median Sold Price
$630,000
$282/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Wildomar was $630,000 in April 2024, up 4.1% from last year, and the median price per square foot was $282.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $368.7K | - | N/A |
2 Bedrooms | $409.5K | $440K | +7.4% |
3 Bedrooms | $562.5K | $579.3K | +3.0% |
4 Bedrooms | $608.5K | $636K | +4.5% |
5+ Bedrooms | $670K | $697K | +4.0% |
Summary: Wildomar 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 increased by 7.4%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 4%.
Median Sold Price Compared To Nearby Cities
Murrieta | $629.9K | $667.9K | +6.0% |
Wildomar | $605K | $630K | +4.1% |
Perris Valley | $539.9K | $550K | +1.9% |
Lake Elsinore | $565.8K | $575K | +1.6% |
Menifee | $545K | $551.2K | +1.1% |
Housing Supply in Wildomar, CA
How many homes are available in Wildomar, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
88 | 81 | -8.0% |
Summary: The Wildomar real estate market had 81 homes for sale in April 2024, a 8.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 5 | -16.7% |
3 Bedrooms | 24 | 18 | -25.0% |
4 Bedrooms | 40 | 40 | 0.0% |
5+ Bedrooms | 18 | 18 | 0.0% |
Summary: The Wildomar 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 16.7%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 28 | +3.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in Wildomar in April 2024, up by 3.7% month-over-month. Of the 28 sold homes, 18% were sold under asking, 11% were sold at asking, and 71% were sold over asking.
Days on Market for Wildomar, CA
How long does it take to sell a home in Wildomar, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
38 Days | 28 Days | -24.9% |
Summary: Homes in Wildomar had an average of 28 days on market in Apr 2024, down by 24.9% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 28 homes were sold in Wildomar; 82% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.