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 buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Adams Point has remained a Buyer'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

$529,000

$572/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$111,000(-17.3%)

Key Takeaway

Homes in Adams Point have sold for 17.3% less than they did a year ago.

Summary: The median home sold price in Adams Point was $529,000 in November 2024, down 17.3% from last year, and the median price per square foot was $572.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $450K$430K
-4.4%
2 $710K$582.5K
-18.0%
3 $1.0M$1.0M
-1.2%
4 $1.8M$1.5M
-14.2%
5+ $1.5M$1.6M
+1.3%

Summary: Adams Point housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.4%, 2 bedroom homes decreased by 18%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes decreased by 14.2%, and 5+ bedroom homes increased by 1.3%.

Median Sold Price Compared To Nearby Neighborhoods

Cleveland Heights
+5.5%
Adams Point
-17.3%

Housing Supply in Adams Point, CA

How many homes are available in Adams Point, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4036-10.0%

Summary: The Adams Point real estate market had 36 homes for sale in November 2024, a 10.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1514
-6.7%
2 1816
-11.1%
3 54
-20.0%
4 00
0.0%
5+ 22
0.0%

Summary: The Adams Point housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 6.7%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
72-71.4%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Adams Point, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Adams Point in November 2024, down by 71.4% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% 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

Nov 2023Nov 2024CHANGE
13 Days64 Days+396.2%

Summary: Homes in Adams Point had an average of 64 days on market in Nov 2024, up by 396.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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

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

Summary: During November 2024, 2 homes were sold in Adams Point; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 3 Days Ago

Newest Listings in Adams Point, CA

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