Is Prather, 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, Prather was a Neutral Market.
Housing Prices in Prather, CA
How much do homes in Prather, CA cost?
Median Sold Price
$799,000
$272/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Prather was $799,000 in May 2024, up 10.3% from last month, and the median price per square foot was $272.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $495K | N/A |
3 Bedrooms | - | - | N/A |
4 Bedrooms | $724.2K | $875K | +20.8% |
5+ Bedrooms | - | $799K | N/A |
Summary: Prather 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 did not change, 4 bedroom homes increased by 20.8%, and 5+ bedroom homes did not change.
Housing Supply in Prather, CA
How many homes are available in Prather, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 15 | +7.1% |
Summary: The Prather 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 | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 4 | 4 | 0.0% |
4 Bedrooms | 5 | 3 | -40.0% |
5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The Prather 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 decreased by 40%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
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 Prather in May 2024, up by 50.0% 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 Prather, CA
How long does it take to sell a home in Prather, CA?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
101 Days | 38 Days | -62.0% |
Summary: Homes in Prather had an average of 38 days on market in May 2024, down by 62% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Prather; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.