Is Ben Lomond, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ben Lomond is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Ben Lomond was a Buyer's Market.

Key Takeaway

Ben Lomond is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Ben Lomond, CA

How much do homes in Ben Lomond, CA cost?

Median Sold Price

$911,500

$626/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$1,500(+0.2%)

Key Takeaway

The sold price of homes in Ben Lomond has remained the same since last year.

Summary: The median home sold price in Ben Lomond was $911,500 in November 2024, up 0.2% from last year, and the median price per square foot was $626.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $526.5K$610K
+15.9%
2 $830K$749.5K
-9.7%
3 $1.0M$960.7K
-3.9%
4 $1.1M$1.0M
-1.8%
5+ $1.7M$1.2M
-28.9%

Summary: Ben Lomond housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.9%, 2 bedroom homes decreased by 9.7%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes decreased by 28.9%.

Median Sold Price Compared To Nearby Cities

San Lorenzo Valley
+1.5%
Ben Lomond
0.2%
Boulder Creek
0.0%
Felton
-6.6%

Housing Supply in Ben Lomond, CA

How many homes are available in Ben Lomond, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2116-23.8%

Summary: The Ben Lomond real estate market had 16 homes for sale in November 2024, a 23.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 42
-50.0%
3 98
-11.1%
4 76
-14.3%
5+ 00
0.0%

Summary: The Ben Lomond housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
74-42.9%

Asking Price vs. Sold Price

2 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 Ben Lomond, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Ben Lomond in November 2024, down by 42.9% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Ben Lomond, CA

How long does it take to sell a home in Ben Lomond, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
84 Days20 Days-75.6%

Summary: Homes in Ben Lomond had an average of 20 days on market in Nov 2024, down by 75.6% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 4 homes were sold in Ben Lomond; 75% of homes were sold within 30 days, 25% 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 2 Days Ago

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