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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing College is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in College, CA

How much do homes in College, CA cost?

Median Sold Price

$920,000

$569/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$105,000(+12.9%)

Key Takeaway

Homes in College have sold for 12.9% more than they did a year ago.

Summary: The median home sold price in College was $920,000 in September 2024, up 12.9% from last year, and the median price per square foot was $569.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $410K$419.9K
+2.4%
2 $465K$490K
+5.4%
3 $776.2K$897K
+15.6%
4 $1.1M$1.0M
-11.3%
5+ $1.4M$1.1M
-21.7%

Summary: College housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.4%, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 15.6%, 4 bedroom homes decreased by 11.3%, and 5+ bedroom homes decreased by 21.7%.

Median Sold Price Compared To Nearby Neighborhoods

College
+12.9%
Thille
-8.9%
Poinsettia
-17.6%

Housing Supply in College, CA

How many homes are available in College, CA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
3122-29.0%

Summary: The College real estate market had 22 homes for sale in September 2024, a 29.0% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 85
-37.5%
3 108
-20.0%
4 138
-38.5%
5+ 01
+100.0%

Summary: The College housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 37.5%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 38.5%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
155-66.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in College, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in College in September 2024, down by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for College, CA

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

Average Sale Time

Sep 2023Sep 2024CHANGE
8 Days24 Days+196.3%

Summary: Homes in College had an average of 24 days on market in Sep 2024, up by 196.3% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 5 homes were sold in College; 60% of homes were sold within 30 days, 40% 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 17 Days Ago

Newest Listings in College, CA

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