$10,000 Closing Credit*
$1,650,000
3,395 SqFt
4 Beds
•3 Full Baths, 1 Partial
David Zarraonandia, Listing Office: Redfin Corporation
Is Del Cerro, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Del Cerro has remained a Seller's Market.
Key Takeaway
Del Cerro is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Del Cerro, CA
How much do homes in Del Cerro, CA cost?
Median Sold Price
$1,325,000
$620/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$222,500(+20.2%)
Key Takeaway
Homes in Del Cerro have sold for 20.2% more than they did a year ago.
Summary: The median home sold price in Del Cerro was $1,325,000 in November 2024, up 20.2% from last year, and the median price per square foot was $620.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $546.9K | $622.5K | +13.8% |
| 3 Bedrooms | $992.5K | $1.1M | +15.9% |
| 4 Bedrooms | $1.4M | $1.4M | +2.1% |
| 5+ Bedrooms | $1.8M | $2.0M | +14.4% |
Summary: Del Cerro housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.8%, 3 bedroom homes increased by 15.9%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 14.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Del Cerro | $1.1M | $1.3M | +20.2% |
| San Carlos | $960K | $1.0M | +9.4% |
| Allied Gardens | $885K | $950K | +7.3% |
| Eastern San Diego | $890.4K | $950K | +6.7% |
Housing Supply in Del Cerro, CA
How many homes are available in Del Cerro, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 28 | 0.0% |
Summary: The Del Cerro real estate market had 28 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 6 | 8 | +33.3% |
| 4 Bedrooms | 15 | 14 | -6.7% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Del Cerro housing inventory by bedroom type for November 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 increased by 33.3%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 6 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Del Cerro, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Del Cerro in November 2024, down by 33.3% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Del Cerro, CA
How long does it take to sell a home in Del Cerro, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 12 Days | 24 Days | +93.3% |
Summary: Homes in Del Cerro had an average of 24 days on market in Nov 2024, up by 93.3% 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 Del Cerro are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in Del Cerro; 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.