Is Buellton, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Buellton is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Buellton was a Seller's Market.

Key Takeaway

Buellton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Buellton, CA

How much do homes in Buellton, CA cost?

Median Sold Price

$999,000

$525/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$191,500(+23.7%)

Key Takeaway

Homes in Buellton have sold for 23.7% more than they did a year ago.

Summary: The median home sold price in Buellton was $999,000 in November 2024, up 23.7% from last year, and the median price per square foot was $525.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $600K$579K
-3.5%
3 $800K$839.9K
+5.0%
4 $900K$1.0M
+19.3%
5+ $1.2M$1.2M
+3.1%

Summary: Buellton 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 3.5%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 19.3%, and 5+ bedroom homes increased by 3.1%.

Median Sold Price Compared To Nearby Cities

Buellton
+23.7%
Solvang-Santa Ynez
+6.8%

Housing Supply in Buellton, CA

How many homes are available in Buellton, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2018-10.0%

Summary: The Buellton real estate market had 18 homes for sale in November 2024, a 10.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1312
-7.7%
4 66
0.0%
5+ 10
-100.0%

Summary: The Buellton 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 decreased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Buellton, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Buellton in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Buellton, CA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
60 Days70 Days+16.7%

Summary: Homes in Buellton had an average of 70 days on market in Nov 2024, up by 16.7% compared to last year.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in Buellton has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Buellton; 0% of homes were sold within 30 days, 100% 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 17 Days Ago

Newest Listings in Buellton, CA

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