Is Quail Valley, 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, Quail Valley has remained a Seller's Market.
Housing Prices in Quail Valley, CA
How much do homes in Quail Valley, CA cost?
Median Sold Price
$660,000
$337/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Quail Valley was $660,000 in May 2024, up 4.9% from last year, and the median price per square foot was $337.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $288.9K | $380K | +31.5% |
2 Bedrooms | $400K | $426K | +6.5% |
3 Bedrooms | $606.7K | $639.5K | +5.4% |
4 Bedrooms | $669.2K | $725K | +8.3% |
5+ Bedrooms | $940K | $782K | -16.8% |
Summary: Quail Valley housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31.5%, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes decreased by 16.8%.
Median Sold Price Compared To Nearby Cities
Quail Valley | $629.1K | $660K | +4.9% |
Perris Valley | $536.7K | $554.7K | +3.4% |
Menifee | $539.9K | $557.5K | +3.3% |
Lake Elsinore | $562.5K | $575K | +2.2% |
Canyon Lake | $659.9K | $669K | +1.4% |
Housing Supply in Quail Valley, CA
How many homes are available in Quail Valley, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
111 | 110 | -0.9% |
Summary: The Quail Valley real estate market had 110 homes for sale in May 2024, a 0.9% decrease 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 | 8 | 10 | +25.0% |
3 Bedrooms | 54 | 47 | -13.0% |
4 Bedrooms | 32 | 35 | +9.4% |
5+ Bedrooms | 16 | 17 | +6.3% |
Summary: The Quail Valley 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 25%, 3 bedroom homes decreased by 13%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 6.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
30 | 33 | +10.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 33 homes were sold or pending in Quail Valley in May 2024, up by 10.0% month-over-month. Of the 33 sold homes, 39% were sold under asking, 27% were sold at asking, and 33% were sold over asking.
Days on Market for Quail Valley, CA
How long does it take to sell a home in Quail Valley, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
55 Days | 48 Days | -12.6% |
Summary: Homes in Quail Valley had an average of 48 days on market in May 2024, down by 12.6% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During May 2024, 33 homes were sold in Quail Valley; 67% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.