Is Blossom Valley, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Blossom Valley is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Blossom Valley has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Blossom Valley, CA

How much do homes in Blossom Valley, CA cost?

Median Sold Price

$1,453,750

$840/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$169,770(+13.2%)

Key Takeaway

Homes in Blossom Valley have sold for 13.2% more than they did a year ago.

Summary: The median home sold price in Blossom Valley was $1,453,750 in November 2024, up 13.2% from last year, and the median price per square foot was $840.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $594K$599.9K
+1.0%
2 $649.7K$684K
+5.3%
3 $1.2M$1.3M
+11.0%
4 $1.4M$1.5M
+11.9%
5+ $1.5M$1.7M
+13.2%

Summary: Blossom Valley housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes increased by 13.2%.

Housing Supply in Blossom Valley, CA

How many homes are available in Blossom Valley, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9979-20.2%

Summary: The Blossom Valley real estate market had 79 homes for sale in November 2024, a 20.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1613
-18.8%
3 4031
-22.5%
4 3732
-13.5%
5+ 63
-50.0%

Summary: The Blossom Valley 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 decreased by 18.8%, 3 bedroom homes decreased by 22.5%, 4 bedroom homes decreased by 13.5%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
36360.0%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Blossom Valley, you may be able to get a good deal. 51.4% of homes here sold below asking price last month.

Summary: A total of 36 homes were sold or pending in Blossom Valley in November 2024, the same as the previous month. Of the 35 sold homes, 51% were sold under asking, 3% were sold at asking, and 46% were sold over asking.

Days on Market for Blossom Valley, CA

How long does it take to sell a home in Blossom Valley, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
15 Days21 Days+42.3%

Summary: Homes in Blossom Valley had an average of 21 days on market in Nov 2024, up by 42.3% compared to last year.

Breakdown of Home Sale Times

28 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 36 homes were sold in Blossom Valley; 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.

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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