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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carpinteria is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Carpinteria was a Buyer's Market.

Key Takeaway

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

Housing Prices in Carpinteria, CA

How much do homes in Carpinteria, CA cost?

Median Sold Price

$1,205,661

$1,194/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$31,161(+2.7%)

Key Takeaway

Homes in Carpinteria have sold for 2.7% more than they did a year ago.

Summary: The median home sold price in Carpinteria was $1,205,661 in November 2024, up 2.7% from last year, and the median price per square foot was $1,194.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $760K$744.5K
-2.0%
2 $805K$925K
+14.9%
3 $1.3M$1.4M
+4.2%
4 $1.7M$1.7M
+0.9%
5+ $8.1M$19.5M
+140.5%

Summary: Carpinteria housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2%, 2 bedroom homes increased by 14.9%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes increased by 140.5%.

Housing Supply in Carpinteria, CA

How many homes are available in Carpinteria, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4640-13.0%

Summary: The Carpinteria real estate market had 40 homes for sale in November 2024, a 13.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 44
0.0%
2 1714
-17.6%
3 1415
+7.1%
4 51
-80.0%
5+ 66
0.0%

Summary: The Carpinteria 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 decreased by 17.6%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 80%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
138-38.5%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 8 homes were sold or pending in Carpinteria in November 2024, down by 38.5% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.

Days on Market for Carpinteria, CA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
32 Days151 Days+372.7%

Summary: Homes in Carpinteria had an average of 151 days on market in Nov 2024, up by 372.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Carpinteria are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 8 homes were sold in Carpinteria; 38% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 50% 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

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