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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cambria is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Cambria, CA

How much do homes in Cambria, CA cost?

Median Sold Price

$1,010,000

$633/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$41,250(+4.3%)

Key Takeaway

Homes in Cambria have sold for 4.3% more than they did a year ago.

Summary: The median home sold price in Cambria was $1,010,000 in October 2024, up 4.3% from last year, and the median price per square foot was $633.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $625K$628K
0.5%
2 $752K$811K
+7.8%
3 $1.1M$1.0M
-9.8%
4 $1.6M$1.4M
-13.8%
5+ -$1.2M
N/A

Summary: Cambria housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.5%, 2 bedroom homes increased by 7.8%, 3 bedroom homes decreased by 9.8%, 4 bedroom homes decreased by 13.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

San Simeon
+7.4%
Cambria
+4.3%
Cayucos
+2.0%
North Coast
0.3%

Housing Supply in Cambria, CA

How many homes are available in Cambria, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5863+8.6%

Summary: The Cambria real estate market had 63 homes for sale in October 2024, a 8.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 44
0.0%
2 1415
+7.1%
3 2933
+13.8%
4 77
0.0%
5+ 44
0.0%

Summary: The Cambria 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 7.1%, 3 bedroom homes increased by 13.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
816+100.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cambria, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Cambria in October 2024, up by 100.0% month-over-month. Of the 16 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.

Days on Market for Cambria, CA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
12 Days65 Days+449.5%

Summary: Homes in Cambria had an average of 65 days on market in Oct 2024, up by 449.5% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 16 homes were sold in Cambria; 50% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 38% 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 16 Days Ago

Newest Listings in Cambria, CA

Nearby Markets to Cambria, CA

What housing markets are near Cambria, CA?