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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Caruthers is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Caruthers, CA

How much do homes in Caruthers, CA cost?

Median Sold Price

$363,000

$219/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$43,000(+13.4%)

Key Takeaway

Homes in Caruthers have sold for 13.4% more than they did a year ago.

Summary: The median home sold price in Caruthers was $363,000 in September 2024, up 13.4% from last year, and the median price per square foot was $219.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 -$175K
N/A
2 $240K$160K
-33.3%
3 $310K$363K
+17.1%
4 $345K$410K
+18.8%
5+ $475K$537.5K
+13.2%

Summary: Caruthers housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 17.1%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes increased by 13.2%.

Housing Supply in Caruthers, CA

How many homes are available in Caruthers, CA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1311-15.4%

Summary: The Caruthers real estate market had 11 homes for sale in September 2024, a 15.4% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 10
-100.0%
2 22
0.0%
3 66
0.0%
4 33
0.0%
5+ 10
-100.0%

Summary: The Caruthers housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
26+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Caruthers, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Caruthers in September 2024, up by 200.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Caruthers, CA

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

Average Sale Time

Sep 2023Sep 2024CHANGE
55 Days14 Days-74.0%

Summary: Homes in Caruthers had an average of 14 days on market in Sep 2024, down by 74% compared to last year.

Breakdown of Home Sale Times

5 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

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

Summary: During September 2024, 6 homes were sold in Caruthers; 83% of homes were sold within 30 days, 17% 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 29 Days Ago

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