Is Las Posas, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Las Posas was a Seller's Market.
Housing Prices in Las Posas, CA
How much do homes in Las Posas, CA cost?
Median Sold Price
$2,129,500
$521/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Las Posas was $2,129,500 in May 2024, up 27.5% from last year, and the median price per square foot was $521.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $679K | $1.4M | +106.2% |
3 Bedrooms | $1.8M | $2.1M | +16.8% |
4 Bedrooms | $1.2M | $1.5M | +15.5% |
5+ Bedrooms | $2.5M | $2.4M | -0.1% |
Summary: Las Posas housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 106.2%, 3 bedroom homes increased by 16.8%, 4 bedroom homes increased by 15.5%, and 5+ bedroom homes decreased by 0.1%.
Housing Supply in Las Posas, CA
How many homes are available in Las Posas, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 15 | +7.1% |
Summary: The Las Posas real estate market had 15 homes for sale in May 2024, a 7.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 1 | 1 | 0.0% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Las Posas 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Las Posas in May 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Las Posas, CA
How long does it take to sell a home in Las Posas, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
26 Days | 38 Days | +46.2% |
Summary: Homes in Las Posas had an average of 38 days on market in May 2024, up by 46.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 1 homes were sold in Las Posas; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.