$3,250,000
5,746 SqFt
6 Beds
•4 Full Baths, 1 Partial
Christine La Bounty, Listing Office: Compass
Is College West, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 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
$1,040,000
$589/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$40,000(+4.0%)
Key Takeaway
Homes in College West have sold for 4% more than they did a year ago.
Summary: The median home sold price in College West was $1,040,000 in December 2024, up 4% from last year, and the median price per square foot was $589.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $418K | $410.7K | -1.7% |
| 2 Bedrooms | $540K | $535K | -0.9% |
| 3 Bedrooms | $1.0M | $1.1M | +7.2% |
| 4 Bedrooms | $1.1M | $1.0M | -5.8% |
| 5+ Bedrooms | $1.5M | $1.6M | +5.6% |
Summary: College West housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.7%, 2 bedroom homes decreased by 0.9%, 3 bedroom homes increased by 7.2%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes increased by 5.6%.
Median Sold Price Compared To Nearby Neighborhoods
| College West | $1.0M | $1.0M | +4.0% |
| Mid-City | $722.5K | $749K | +3.7% |
Housing Supply in College West, CA
How many homes are available in College West, CA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 19 | 16 | -15.8% |
Summary: The College West real estate market had 16 homes for sale in December 2024, a 15.8% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 6 | 4 | -33.3% |
| 3 Bedrooms | 5 | 3 | -40.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The College West housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in College West, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in College West in December 2024, the same as the previous month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 40 Days | 29 Days | -28.2% |
Summary: Homes in College West had an average of 29 days on market in Dec 2024, down by 28.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in College West are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 6 homes were sold in College West; 67% of homes were sold within 30 days, 33% 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.