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 October 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

$1,450,000

$832/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$172,399(+13.5%)

Key Takeaway

Homes in Blossom Valley have sold for 13.5% more than they did a year ago.

Summary: The median home sold price in Blossom Valley was $1,450,000 in October 2024, up 13.5% from last year, and the median price per square foot was $832.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $488K$624.9K
+28.1%
2 $650K$691K
+6.3%
3 $1.2M$1.3M
+12.3%
4 $1.4M$1.5M
+12.1%
5+ $1.4M$1.6M
+13.6%

Summary: Blossom Valley housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28.1%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 12.3%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes increased by 13.6%.

Median Sold Price Compared To Nearby Neighborhoods

Del Robles
+16.0%
Blossom Valley
+13.5%

Housing Supply in Blossom Valley, CA

How many homes are available in Blossom Valley, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
86108+25.6%

Summary: The Blossom Valley real estate market had 108 homes for sale in October 2024, a 25.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1519
+26.7%
3 3441
+20.6%
4 3242
+31.3%
5+ 56
+20.0%

Summary: The Blossom Valley housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 26.7%, 3 bedroom homes increased by 20.6%, 4 bedroom homes increased by 31.3%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2636+38.5%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

23 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Blossom Valley, you could pay more than the asking price. 69.7% of homes here sold above asking price last month.

Summary: A total of 36 homes were sold or pending in Blossom Valley in October 2024, up by 38.5% month-over-month. Of the 33 sold homes, 24% were sold under asking, 6% were sold at asking, and 70% 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

Oct 2023Oct 2024CHANGE
14 Days24 Days+67.5%

Summary: Homes in Blossom Valley had an average of 24 days on market in Oct 2024, up by 67.5% compared to last year.

Breakdown of Home Sale Times

29 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 October 2024, 36 homes were sold in Blossom Valley; 81% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 3% 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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