Is Carpinteria, 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, Carpinteria has remained a Seller's Market.
Housing Prices in Carpinteria, CA
How much do homes in Carpinteria, CA cost?
Median Sold Price
$1,200,000
$830/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Carpinteria was $1,200,000 in May 2024, down 0.4% from last year, and the median price per square foot was $830.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $799K | $735K | -8.0% |
2 Bedrooms | $800K | $800K | 0.0% |
3 Bedrooms | $1.2M | $1.3M | +8.4% |
4 Bedrooms | $2.1M | $1.6M | -20.2% |
5+ Bedrooms | $3.8M | $7.9M | +105.7% |
Summary: Carpinteria housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8%, 2 bedroom homes did not change, 3 bedroom homes increased by 8.4%, 4 bedroom homes decreased by 20.2%, and 5+ bedroom homes increased by 105.7%.
Housing Supply in Carpinteria, CA
How many homes are available in Carpinteria, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
56 | 55 | -1.8% |
Summary: The Carpinteria real estate market had 55 homes for sale in May 2024, a 1.8% decrease 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 | 15 | 13 | -13.3% |
3 Bedrooms | 15 | 16 | +6.7% |
4 Bedrooms | 9 | 10 | +11.1% |
5+ Bedrooms | 12 | 11 | -8.3% |
Summary: The Carpinteria 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 13.3%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
9 | 13 | +44.4% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Carpinteria in May 2024, up by 44.4% month-over-month. Of the 13 sold homes, 31% were sold under asking, 23% were sold at asking, and 46% were sold over asking.
Days on Market for Carpinteria, CA
How long does it take to sell a home in Carpinteria, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
50 Days | 120 Days | +139.3% |
Summary: Homes in Carpinteria had an average of 120 days on market in May 2024, up by 139.3% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 13 homes were sold in Carpinteria; 69% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.