$6,709 Closing Credit*
$565,000
816 SqFt
2 Beds
•1 Full Bath
Monica L. Forneret, Listing Office: Compass
Is Adams Point, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Adams Point was a Seller's Market.
Key Takeaway
Adams Point is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Adams Point, CA
How much do homes in Adams Point, CA cost?
Median Sold Price
$540,000
$594/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$105,000(-16.3%)
Key Takeaway
Homes in Adams Point have sold for 16.3% less than they did a year ago.
Summary: The median home sold price in Adams Point was $540,000 in September 2024, down 16.3% from last year, and the median price per square foot was $594.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $470K | $442.5K | -5.9% |
| 2 Bedrooms | $670K | $609.8K | -9.0% |
| 3 Bedrooms | $1.0M | $1.0M | +4.4% |
| 4 Bedrooms | $1.7M | $1.5M | -8.8% |
| 5+ Bedrooms | $1.6M | $1.5M | -5.8% |
Summary: Adams Point housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.9%, 2 bedroom homes decreased by 9%, 3 bedroom homes increased by 4.4%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes decreased by 5.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Grand Lake | $618K | $627K | +1.5% |
| Adams Point | $645K | $540K | -16.3% |
| Cleveland Heights | $1.0M | $805K | -25.1% |
Housing Supply in Adams Point, CA
How many homes are available in Adams Point, CA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 34 | 42 | +23.5% |
Summary: The Adams Point real estate market had 42 homes for sale in September 2024, a 23.5% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 18 | +63.6% |
| 2 Bedrooms | 19 | 19 | 0.0% |
| 3 Bedrooms | 1 | 3 | +200.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Adams Point housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 63.6%, 2 bedroom homes remained the same, 3 bedroom homes increased by 200%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Adams Point, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Adams Point in September 2024, down by 20.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 39 Days | 47 Days | +20.4% |
Summary: Homes in Adams Point had an average of 47 days on market in Sep 2024, up by 20.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Adams Point are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 4 homes were sold in Adams Point; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS©, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 
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