Is California, MD 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, California has remained a Seller's Market.
Housing Prices in California, MD
How much do homes in California, MD cost?
Median Sold Price
$355,000
$178/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since April 2023.
Summary: The median home sold price in California was $355,000 in April 2024, the same as last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $165K | $170.5K | +3.3% |
2 Bedrooms | $242.5K | $233.5K | -3.7% |
3 Bedrooms | $335K | $350K | +4.5% |
4 Bedrooms | $410K | $420K | +2.4% |
5+ Bedrooms | $490K | $550K | +12.2% |
Summary: California housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.3%, 2 bedroom homes decreased by 3.7%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 12.2%.
Median Sold Price Compared To Nearby Cities
Hollywood | $449.9K | $503.1K | +11.8% |
Lexington Park | $350K | $352.9K | +0.8% |
California | $355K | $355K | 0.0% |
Great Mills | $333.5K | $305K | -8.5% |
Housing Supply in California, MD
How many homes are available in California, MD?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
47 | 54 | +14.9% |
Summary: The California real estate market had 54 homes for sale in April 2024, a 14.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 10 | 7 | -30.0% |
3 Bedrooms | 21 | 24 | +14.3% |
4 Bedrooms | 12 | 19 | +58.3% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The California 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 30%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 58.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 15 | -21.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in California in April 2024, down by 21.1% month-over-month. Of the 15 sold homes, 33% were sold under asking, 27% were sold at asking, and 40% were sold over asking.
Days on Market for California, MD
How long does it take to sell a home in California, MD?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 28 Days | -2.9% |
Summary: Homes in California had an average of 28 days on market in Apr 2024, down by 2.9% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in California; 80% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.