Is Arnold-West Point, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Arnold-West Point is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Arnold-West Point was a Seller's Market.

Key Takeaway

Arnold-West Point is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Arnold-West Point, CA

How much do homes in Arnold-West Point, CA cost?

Median Sold Price

$415,000

$293/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$11,000(+2.7%)

Key Takeaway

Homes in Arnold-West Point have sold for 2.7% more than they did a month ago.

Summary: The median home sold price in Arnold-West Point was $415,000 in October 2024, up 2.7% from last month, and the median price per square foot was $293.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $245K-
N/A
2 -$306K
N/A
3 $619.5K$529K
-14.6%
4 --
N/A
5+ --
N/A

Summary: Arnold-West Point housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 14.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Arnold-West Point, CA

How many homes are available in Arnold-West Point, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1517+13.3%

Summary: The Arnold-West Point real estate market had 17 homes for sale in October 2024, a 13.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 34
+33.3%
3 910
+11.1%
4 23
+50.0%
5+ 00
0.0%

Summary: The Arnold-West Point housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was 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 Arnold-West Point, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Arnold-West Point in October 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Arnold-West Point, CA

How long does it take to sell a home in Arnold-West Point, CA?

Average Sale Time

Sep 2024Oct 2024CHANGE
35 Days31 Days-11.3%

Summary: Homes in Arnold-West Point had an average of 31 days on market in Oct 2024, down by 11.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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

Avg time on Rocket Homes in Arnold-West Point has remained consistent over time.

Summary: During October 2024, 3 homes were sold in Arnold-West Point; 33% of homes were sold within 30 days, 67% 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 20 Days Ago

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