$7,469 Closing Credit*
$629,000
2,710 SqFt
3 Beds
•2 Full Baths, 1 Partial
Natalie Phillips, Listing Office: Country Air Properties
Is Cobb, 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, Cobb has remained a Buyer's Market.
Key Takeaway
Cobb is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Cobb, CA
How much do homes in Cobb, CA cost?
Median Sold Price
$303,000
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$77,000(-20.3%)
Key Takeaway
Homes in Cobb have sold for 20.3% less than they did a year ago.
Summary: The median home sold price in Cobb was $303,000 in October 2024, down 20.3% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | $145K | +7.4% |
| 2 Bedrooms | $260K | $263.5K | +1.3% |
| 3 Bedrooms | $468K | $327K | -30.1% |
| 4 Bedrooms | $490K | $1.1M | +124.5% |
| 5+ Bedrooms | - | $820K | N/A |
Summary: Cobb housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.4%, 2 bedroom homes increased by 1.3%, 3 bedroom homes decreased by 30.1%, 4 bedroom homes increased by 124.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Middletown | $380K | $380K | 0.0% |
| Kelseyville | $380K | $375K | -1.3% |
| Clearlake Riviera | $375K | $369K | -1.6% |
| Cobb | $380K | $303K | -20.3% |
Housing Supply in Cobb, CA
How many homes are available in Cobb, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 50 | 45 | -10.0% |
Summary: The Cobb real estate market had 45 homes for sale in October 2024, a 10.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 16 | 13 | -18.8% |
| 3 Bedrooms | 23 | 21 | -8.7% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Cobb 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 decreased by 18.8%, 3 bedroom homes decreased by 8.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 3 | -57.1% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cobb, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Cobb in October 2024, down by 57.1% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Cobb, CA
How long does it take to sell a home in Cobb, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 70 Days | 33 Days | -51.9% |
Summary: Homes in Cobb had an average of 33 days on market in Oct 2024, down by 51.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Cobb are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Cobb; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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. 
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