$6,525 Closing Credit*
$549,450
1,747 SqFt
3 Beds
•2 Full Baths
Mark Bessey, Listing Office: Engel & Volkers Beverly HIlls
Is Candlewood Villas, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Candlewood Villas has remained a Seller's Market.
Key Takeaway
Candlewood Villas is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Candlewood Villas, CA
How much do homes in Candlewood Villas, CA cost?
Median Sold Price
$440,000
$313/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$42,000(+10.6%)
Key Takeaway
Homes in Candlewood Villas have sold for 10.6% more than they did a year ago.
Summary: The median home sold price in Candlewood Villas was $440,000 in October 2024, up 10.6% from last year, and the median price per square foot was $313.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $318K | $295K | -7.2% |
| 3 Bedrooms | $435K | $485K | +11.5% |
| 4 Bedrooms | $471.8K | $560K | +18.7% |
| 5+ Bedrooms | $660K | - | N/A |
Summary: Candlewood Villas 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 7.2%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 18.7%, and 5+ bedroom homes did not change.
Housing Supply in Candlewood Villas, CA
How many homes are available in Candlewood Villas, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 16 | +6.7% |
Summary: The Candlewood Villas real estate market had 16 homes for sale in October 2024, a 6.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Candlewood Villas 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 remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Candlewood Villas, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Candlewood Villas in October 2024, up by 200.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.
Days on Market for Candlewood Villas, CA
How long does it take to sell a home in Candlewood Villas, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 49 Days | +58.6% |
Summary: Homes in Candlewood Villas had an average of 49 days on market in Oct 2024, up by 58.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Candlewood Villas has remained consistent over time.
Summary: During October 2024, 6 homes were sold in Candlewood Villas; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.