$5,332 Closing Credit*
$449,000
1,005 SqFt
2 Beds
•2 Full Baths
Zandra Ulloa, Listing Office: Team Z Realty
Is College West, 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, College West has remained a Seller's Market.
Key Takeaway
College West is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in College West, CA
How much do homes in College West, CA cost?
Median Sold Price
$1,050,000
$590/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$62,500(+6.3%)
Key Takeaway
Homes in College West have sold for 6.3% more than they did a year ago.
Summary: The median home sold price in College West was $1,050,000 in October 2024, up 6.3% from last year, and the median price per square foot was $590.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $417.5K | $412K | -1.3% |
| 2 Bedrooms | $540K | $532.5K | -1.4% |
| 3 Bedrooms | $1.0M | $1.1M | +14.9% |
| 4 Bedrooms | $1.1M | $1.0M | -5.8% |
| 5+ Bedrooms | $1.4M | $1.6M | +11.0% |
Summary: College West housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.3%, 2 bedroom homes decreased by 1.4%, 3 bedroom homes increased by 14.9%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes increased by 11%.
Median Sold Price Compared To Nearby Neighborhoods
| Talmadge | $967.5K | $1.0M | +11.5% |
| College West | $987.5K | $1.0M | +6.3% |
| Mid-City | $717.6K | $738.6K | +2.9% |
Housing Supply in College West, CA
How many homes are available in College West, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 21 | -19.2% |
Summary: The College West real estate market had 21 homes for sale in October 2024, a 19.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 8 | +14.3% |
| 3 Bedrooms | 8 | 5 | -37.5% |
| 4 Bedrooms | 7 | 5 | -28.6% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The College West 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 increased by 14.3%, 3 bedroom homes decreased by 37.5%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 5 | -54.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in College West, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in College West in October 2024, down by 54.5% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for College West, CA
How long does it take to sell a home in College West, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 24 Days | 29 Days | +20.0% |
Summary: Homes in College West had an average of 29 days on market in Oct 2024, up by 20% compared to last year.
Breakdown of Home Sale Times
4 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 College West are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in College West; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% 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.