$10,000 Closing Credit*
$1,950,000
2,513 SqFt
4 Beds
•4 Full Baths
David Butler, Listing Office: Real Broker
Is Black Mountain Ranch, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Black Mountain Ranch has remained a Seller's Market.
Key Takeaway
Black Mountain Ranch is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Black Mountain Ranch, CA
How much do homes in Black Mountain Ranch, CA cost?
Median Sold Price
$2,500,000
$784/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since November 2023.
Key Takeaway
The sold price of homes in Black Mountain Ranch has remained the same since last year.
Summary: The median home sold price in Black Mountain Ranch was $2,500,000 in November 2024, the same as last year, and the median price per square foot was $784.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $835K | $339.3K | -59.4% |
| 3 Bedrooms | $1.9M | $2.0M | +4.9% |
| 4 Bedrooms | $2.1M | $2.2M | +4.7% |
| 5+ Bedrooms | $3.6M | $3.4M | -7.7% |
Summary: Black Mountain Ranch housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 59.4%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes decreased by 7.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Del Sur | $1.3M | $1.7M | +30.9% |
| Black Mountain Ranch | $2.5M | $2.5M | 0.0% |
Housing Supply in Black Mountain Ranch, CA
How many homes are available in Black Mountain Ranch, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 30 | -3.2% |
Summary: The Black Mountain Ranch real estate market had 30 homes for sale in November 2024, a 3.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 10 | 7 | -30.0% |
| 5+ Bedrooms | 13 | 15 | +15.4% |
Summary: The Black Mountain Ranch housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 30%, and 5+ bedroom homes increased by 15.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 9 | +80.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Black Mountain Ranch, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Black Mountain Ranch in November 2024, up by 80.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 11% were sold at asking, and 22% were sold over asking.
Days on Market for Black Mountain Ranch, CA
How long does it take to sell a home in Black Mountain Ranch, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 64 Days | 24 Days | -62.5% |
Summary: Homes in Black Mountain Ranch had an average of 24 days on market in Nov 2024, down by 62.5% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Black Mountain Ranch are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in Black Mountain Ranch; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% 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.