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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Campanile is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Campanile, CA

How much do homes in Campanile, CA cost?

Median Sold Price

$591,000

$298/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$49,500(+9.1%)

Key Takeaway

Homes in Campanile have sold for 9.1% more than they did a year ago.

Summary: The median home sold price in Campanile was $591,000 in October 2024, up 9.1% from last year, and the median price per square foot was $298.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $428.5K$395K
-7.8%
3 $534.5K$575K
+7.6%
4 $592.5K$599K
+1.1%
5+ $536.5K$649K
+21.0%

Summary: Campanile housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.8%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 21%.

Median Sold Price Compared To Nearby Neighborhoods

Candlewood Villas
+10.6%
Campanile
+9.1%

Housing Supply in Campanile, CA

How many homes are available in Campanile, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4043+7.5%

Summary: The Campanile real estate market had 43 homes for sale in October 2024, a 7.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 2023
+15.0%
4 1717
0.0%
5+ 22
0.0%

Summary: The Campanile 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 remained the same, 3 bedroom homes increased by 15%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Campanile, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Campanile in October 2024, down by 14.3% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for Campanile, CA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
64 Days75 Days+16.9%

Summary: Homes in Campanile had an average of 75 days on market in Oct 2024, up by 16.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 6 homes were sold in Campanile; 17% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 33% 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

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