$10,000 Closing Credit*
$2,268,000
2,300 SqFt
2 Beds
•2 Full Baths
Jo Ann Lim, Listing Office: Remax Capital
Is Baywood, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Baywood has remained a Seller's Market.
Key Takeaway
Baywood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Baywood, CA
How much do homes in Baywood, CA cost?
Median Sold Price
$2,750,000
$1,138/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$455,000(+19.8%)
Key Takeaway
Homes in Baywood have sold for 19.8% more than they did a year ago.
Summary: The median home sold price in Baywood was $2,750,000 in December 2024, up 19.8% from last year, and the median price per square foot was $1,138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $610K | $555K | -9.0% |
| 2 Bedrooms | $1.3M | $1.6M | +22.2% |
| 3 Bedrooms | $2.6M | $2.8M | +9.9% |
| 4 Bedrooms | $3.5M | $3.4M | -3.9% |
| 5+ Bedrooms | $2.8M | $4.0M | +43.8% |
Summary: Baywood housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9%, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 9.9%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes increased by 43.8%.
Housing Supply in Baywood, CA
How many homes are available in Baywood, CA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 18 | 13 | -27.8% |
Summary: The Baywood real estate market had 13 homes for sale in December 2024, a 27.8% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 9 | 0.0% |
| 3 Bedrooms | 5 | 1 | -80.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Baywood housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 80%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Baywood, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Baywood in December 2024, down by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Baywood, CA
How long does it take to sell a home in Baywood, CA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 39 Days | 68 Days | +71.9% |
Summary: Homes in Baywood had an average of 68 days on market in Dec 2024, up by 71.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Baywood are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 3 homes were sold in Baywood; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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.