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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Crestmoor is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Crestmoor, CA

How much do homes in Crestmoor, CA cost?

Median Sold Price

$1,055,750

$764/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$204,250(-16.2%)

Key Takeaway

Homes in Crestmoor have sold for 16.2% less than they did a year ago.

Summary: The median home sold price in Crestmoor was $1,055,750 in September 2024, down 16.2% from last year, and the median price per square foot was $764.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $515K$468K
-9.1%
2 $710K$655K
-7.7%
3 $1.5M$1.5M
+3.2%
4 $1.6M$1.7M
+5.2%
5+ $1.6M-
N/A

Summary: Crestmoor housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.1%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Shelter Creek
-7.5%
Crestmoor
-16.2%

Housing Supply in Crestmoor, CA

How many homes are available in Crestmoor, CA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2216-27.3%

Summary: The Crestmoor real estate market had 16 homes for sale in September 2024, a 27.3% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 129
-25.0%
2 33
0.0%
3 43
-25.0%
4 31
-66.7%
5+ 00
0.0%

Summary: The Crestmoor housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
124-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Crestmoor, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Crestmoor in September 2024, down by 66.7% month-over-month. Of the 4 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% were sold over asking.

Days on Market for Crestmoor, CA

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

Average Sale Time

Sep 2023Sep 2024CHANGE
8 Days64 Days+648.1%

Summary: Homes in Crestmoor had an average of 64 days on market in Sep 2024, up by 648.1% 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 4 homes were sold in Crestmoor; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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 26 Days Ago

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