Is Felton, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Felton is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Felton has remained a Seller's Market.

Key Takeaway

Felton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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

-$59,000(-7.1%)

Key Takeaway

Homes in Felton have sold for 7.1% less than they did a year ago.

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

# BEDSMay 2023May 2024CHANGE
1 $600K$474.5K
-20.9%
2 $755K$727.5K
-3.6%
3 $934K$980.5K
+5.0%
4 $1.1M$705K
-39.7%
5+ $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
+12.2%
Ben Lomond
+2.0%
San Lorenzo Valley
-1.2%
Felton
-7.1%

Housing Supply in Felton, CA

How many homes are available in Felton, CA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2835+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

# BEDSApr 2024May 2024CHANGE
1 55
0.0%
2 713
+85.7%
3 1413
-7.1%
4 23
+50.0%
5+ 01
+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 2024May 2024CHANGE
79+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Felton, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.

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 2023May 2024CHANGE
39 Days46 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Felton are selling fast, if you're buying plan to act quickly.

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Felton, CA

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