Is Felton, 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, Felton has remained a Seller's Market.
Housing Prices in Felton, CA
How much do homes in Felton, CA cost?
Median Sold Price
$776,000
$618/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Felton was $776,000 in May 2024, down 7.1% from last year, and the median price per square foot was $618.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $600K | $474.5K | -20.9% |
2 Bedrooms | $755K | $727.5K | -3.6% |
3 Bedrooms | $934K | $980.5K | +5.0% |
4 Bedrooms | $1.1M | $705K | -39.7% |
5+ Bedrooms | $1.3M | $900K | -30.8% |
Summary: Felton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.9%, 2 bedroom homes decreased by 3.6%, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 39.7%, and 5+ bedroom homes decreased by 30.8%.
Median Sold Price Compared To Nearby Cities
West Santa Cruz | $1.0M | $1.1M | +12.2% |
Ben Lomond | $897K | $915K | +2.0% |
San Lorenzo Valley | $850K | $840K | -1.2% |
Felton | $835K | $776K | -7.1% |
Housing Supply in Felton, CA
How many homes are available in Felton, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
28 | 35 | +25.0% |
Summary: The Felton real estate market had 35 homes for sale in May 2024, a 25.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 5 | 0.0% |
2 Bedrooms | 7 | 13 | +85.7% |
3 Bedrooms | 14 | 13 | -7.1% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Felton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 85.7%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 9 | +28.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Felton in May 2024, up by 28.6% month-over-month. Of the 7 sold homes, 29% were sold under asking, 14% were sold at asking, and 57% were sold over asking.
Days on Market for Felton, CA
How long does it take to sell a home in Felton, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
39 Days | 46 Days | +17.2% |
Summary: Homes in Felton had an average of 46 days on market in May 2024, up by 17.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 9 homes were sold in Felton; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.