$9,678 Closing Credit*
$815,000
1,510 SqFt
4 Beds
•2 Full Baths
Kevin Hall, Listing Office: Berkshire Hathaway HomeServices California Properties
Is Allied Gardens, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Allied Gardens has remained a Seller's Market.
Key Takeaway
Allied Gardens is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Allied Gardens, CA
How much do homes in Allied Gardens, CA cost?
Median Sold Price
$955,000
$670/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$75,000(+8.5%)
Key Takeaway
Homes in Allied Gardens have sold for 8.5% more than they did a year ago.
Summary: The median home sold price in Allied Gardens was $955,000 in October 2024, up 8.5% from last year, and the median price per square foot was $670.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $410K | $400K | -2.4% |
| 2 Bedrooms | $592.5K | $640K | +8.0% |
| 3 Bedrooms | $885K | $945K | +6.8% |
| 4 Bedrooms | $975K | $1.0M | +8.7% |
| 5+ Bedrooms | $1.1M | $1.3M | +10.8% |
Summary: Allied Gardens housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.4%, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 10.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Del Cerro | $1.1M | $1.2M | +12.6% |
| San Carlos | $960K | $1.0M | +12.0% |
| Allied Gardens | $880K | $955K | +8.5% |
| Grantville | $475K | $515K | +8.4% |
| Eastern San Diego | $885.5K | $950.3K | +7.3% |
Housing Supply in Allied Gardens, CA
How many homes are available in Allied Gardens, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 31 | +14.8% |
Summary: The Allied Gardens real estate market had 31 homes for sale in October 2024, a 14.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 11 | 16 | +45.5% |
| 4 Bedrooms | 7 | 5 | -28.6% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Allied Gardens housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 45.5%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 9 | +12.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Allied Gardens, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Allied Gardens in October 2024, up by 12.5% month-over-month. Of the 9 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Allied Gardens, CA
How long does it take to sell a home in Allied Gardens, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 7 Days | 32 Days | +324.9% |
Summary: Homes in Allied Gardens had an average of 32 days on market in Oct 2024, up by 324.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Allied Gardens are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in Allied Gardens; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% 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.