Is Adams Point, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Adams Point is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Adams Point has remained a Seller's Market.

Key Takeaway

Adams Point is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Adams Point, CA

How much do homes in Adams Point, CA cost?

Median Sold Price

$580,000

$572/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$26,500(-4.4%)

Key Takeaway

Homes in Adams Point have sold for 4.4% less than they did a year ago.

Summary: The median home sold price in Adams Point was $580,000 in December 2024, down 4.4% from last year, and the median price per square foot was $572.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $445K$445K
0.0%
2 $670K$582.5K
-13.1%
3 $915K$1.0M
+16.7%
4 $1.8M$1.3M
-28.0%
5+ $1.5M$1.2M
-18.2%

Summary: Adams Point housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.1%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 28%, and 5+ bedroom homes decreased by 18.2%.

Median Sold Price Compared To Nearby Neighborhoods

Harrison St. / Oakland Ave.
+15.7%
Grand Lake
+1.1%
Adams Point
-4.4%

Housing Supply in Adams Point, CA

How many homes are available in Adams Point, CA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2326+13.0%

Summary: The Adams Point real estate market had 26 homes for sale in December 2024, a 13.0% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 710
+42.9%
2 1111
0.0%
3 33
0.0%
4 11
0.0%
5+ 11
0.0%

Summary: The Adams Point housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 42.9%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
26+200.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Adams Point, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Adams Point in December 2024, up by 200.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.

Days on Market for Adams Point, CA

How long does it take to sell a home in Adams Point, CA?

Average Sale Time

Dec 2023Dec 2024CHANGE
55 Days37 Days-32.7%

Summary: Homes in Adams Point had an average of 37 days on market in Dec 2024, down by 32.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Adams Point are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 6 homes were sold in Adams Point; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 6 Days Ago

Newest Listings in Adams Point, CA

Nearby Markets to Adams Point, CA