Is Twentynine Palms-Yucca Valley, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Twentynine Palms-Yucca Valley was a Seller's Market.
Housing Prices in Twentynine Palms-Yucca Valley, CA
How much do homes in Twentynine Palms-Yucca Valley, CA cost?
Median Sold Price
$335,000
$254/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Twentynine Palms-Yucca Valley was $335,000 in May 2024, down 2.5% from last year, and the median price per square foot was $254.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $232K | $231.5K | -0.2% |
2 Bedrooms | $306K | $292K | -4.6% |
3 Bedrooms | $363.3K | $355K | -2.3% |
4 Bedrooms | $412.5K | $405.5K | -1.7% |
5+ Bedrooms | $610K | $628.7K | +3.1% |
Summary: Twentynine Palms-Yucca Valley housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.2%, 2 bedroom homes decreased by 4.6%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes increased by 3.1%.
Median Sold Price Compared To Nearby Cities
Yucca Valley | $379.8K | $371K | -2.3% |
Twentynine Palms-Yucca Valley | $343.5K | $335K | -2.5% |
Joshua Tree | $422K | $406K | -3.8% |
Twentynine Palms | $293.8K | $270K | -8.1% |
Housing Supply in Twentynine Palms-Yucca Valley, CA
How many homes are available in Twentynine Palms-Yucca Valley, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
750 | 890 | +18.7% |
Summary: The Twentynine Palms-Yucca Valley real estate market had 890 homes for sale in May 2024, a 18.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 72 | 80 | +11.1% |
2 Bedrooms | 262 | 300 | +14.5% |
3 Bedrooms | 291 | 360 | +23.7% |
4 Bedrooms | 100 | 119 | +19.0% |
5+ Bedrooms | 25 | 31 | +24.0% |
Summary: The Twentynine Palms-Yucca Valley housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 14.5%, 3 bedroom homes increased by 23.7%, 4 bedroom homes increased by 19%, and 5+ bedroom homes increased by 24%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
87 | 98 | +12.6% |
Asking Price vs. Sold Price
52 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Summary: A total of 98 homes were sold or pending in Twentynine Palms-Yucca Valley in May 2024, up by 12.6% month-over-month. Of the 98 sold homes, 53% were sold under asking, 21% were sold at asking, and 26% were sold over asking.
Days on Market for Twentynine Palms-Yucca Valley, CA
How long does it take to sell a home in Twentynine Palms-Yucca Valley, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
56 Days | 59 Days | +5.7% |
Summary: Homes in Twentynine Palms-Yucca Valley had an average of 59 days on market in May 2024, up by 5.7% compared to last year.
Breakdown of Home Sale Times
53 Homes Were Sold
Under 30 Days
25 Homes Were Sold
In 30 - 90 Days
20 Homes Were Sold
Over 90 Days
Summary: During May 2024, 98 homes were sold in Twentynine Palms-Yucca Valley; 54% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.