Is San Miguel, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, San Miguel was a Seller's Market.
Housing Prices in San Miguel, CA
How much do homes in San Miguel, CA cost?
Median Sold Price
$620,000
$392/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in San Miguel was $620,000 in May 2024, up 3.7% from last month, and the median price per square foot was $392.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $672K | - | N/A |
3 Bedrooms | $590K | $585K | -0.8% |
4 Bedrooms | $874K | $630K | -27.9% |
5+ Bedrooms | - | - | N/A |
Summary: San Miguel housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 0.8%, 4 bedroom homes decreased by 27.9%, and 5+ bedroom homes did not change.
Housing Supply in San Miguel, CA
How many homes are available in San Miguel, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
23 | 18 | -21.7% |
Summary: The San Miguel real estate market had 18 homes for sale in May 2024, a 21.7% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 2 | -50.0% |
3 Bedrooms | 9 | 5 | -44.4% |
4 Bedrooms | 8 | 7 | -12.5% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The San Miguel 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 decreased by 50%, 3 bedroom homes decreased by 44.4%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
9 | 3 | -66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in San Miguel in May 2024, down by 66.7% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for San Miguel, CA
How long does it take to sell a home in San Miguel, CA?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
13 Days | 16 Days | +24.0% |
Summary: Homes in San Miguel had an average of 16 days on market in May 2024, up by 24% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in San Miguel; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.