Is Triunfo Pass-Point Mugu, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Triunfo Pass-Point Mugu is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Triunfo Pass-Point Mugu was a Seller's Market.

Key Takeaway

Triunfo Pass-Point Mugu is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Triunfo Pass-Point Mugu, CA

How much do homes in Triunfo Pass-Point Mugu, CA cost?

Median Sold Price

$28,500,000

$1,728/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$24,150,000(+555.2%)

Key Takeaway

Homes in Triunfo Pass-Point Mugu have sold for 555.2% more than they did a month ago.

Summary: The median home sold price in Triunfo Pass-Point Mugu was $28,500,000 in May 2024, up 555.2% from last month, and the median price per square foot was $1,728.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 $1.6M-
N/A
3 --
N/A
4 $4.8M-
N/A
5+ $6.8M$28.5M
+319.1%

Summary: Triunfo Pass-Point Mugu 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 did not change, and 5+ bedroom homes increased by 319.1%.

Housing Supply in Triunfo Pass-Point Mugu, CA

How many homes are available in Triunfo Pass-Point Mugu, CA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
39390.0%

Summary: The Triunfo Pass-Point Mugu real estate market had 39 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 22
0.0%
2 85
-37.5%
3 35
+66.7%
4 87
-12.5%
5+ 1820
+11.1%

Summary: The Triunfo Pass-Point Mugu 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 37.5%, 3 bedroom homes increased by 66.7%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 11.1%.

Number of Homes Sold

Apr 2024May 2024CHANGE
71-85.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Triunfo Pass-Point Mugu, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Triunfo Pass-Point Mugu in May 2024, down by 85.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Triunfo Pass-Point Mugu, CA

How long does it take to sell a home in Triunfo Pass-Point Mugu, CA?

Average Sale Time

Apr 2024May 2024CHANGE
64 Days265 Days+308.6%

Summary: Homes in Triunfo Pass-Point Mugu had an average of 265 days on market in May 2024, up by 308.6% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Triunfo Pass-Point Mugu are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During May 2024, 1 homes were sold in Triunfo Pass-Point Mugu; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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