$10,000 Closing Credit*
$1,695,000
1,514 SqFt
4 Beds
•2 Full Baths
Carter Kaufman, Listing Office: Compass
Is College Park, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, College Park was a Neutral Market.
Key Takeaway
College Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in College Park, CA
How much do homes in College Park, CA cost?
Median Sold Price
$1,205,000
$813/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$87,500(+7.8%)
Key Takeaway
Homes in College Park have sold for 7.8% more than they did a year ago.
Summary: The median home sold price in College Park was $1,205,000 in October 2024, up 7.8% from last year, and the median price per square foot was $813.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $813.7K | $575K | -29.3% |
| 2 Bedrooms | $703.5K | $760K | +8.0% |
| 3 Bedrooms | $1.2M | $1.2M | +6.8% |
| 4 Bedrooms | $1.4M | $1.4M | -0.2% |
| 5+ Bedrooms | $1.7M | $1.5M | -15.0% |
Summary: College Park housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 29.3%, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 6.8%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes decreased by 15%.
Median Sold Price Compared To Nearby Neighborhoods
| College Park | $1.1M | $1.2M | +7.8% |
| Central Costa Mesa | $940.5K | $955K | +1.5% |
Housing Supply in College Park, CA
How many homes are available in College Park, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 16 | -5.9% |
Summary: The College Park real estate market had 16 homes for sale in October 2024, a 5.9% decrease 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 | 3 | 1 | -66.7% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The College Park 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 66.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in College Park, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in College Park in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for College Park, CA
How long does it take to sell a home in College Park, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 49 Days | 13 Days | -73.5% |
Summary: Homes in College Park had an average of 13 days on market in Oct 2024, down by 73.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in College Park are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in College Park; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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.