$1,900 Closing Credit*
$160,000
589 SqFt
1 Bed
•1 Full Bath
Dean Sipe, Listing Office: Berkshire Hathaway Home Services California Properties
Is Desert Highland Gateway Estates, 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, Desert Highland Gateway Estates was a Seller's Market.
Key Takeaway
Desert Highland Gateway Estates is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Desert Highland Gateway Estates, CA
How much do homes in Desert Highland Gateway Estates, CA cost?
Median Sold Price
$200,000
$336/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since October 2023.
Key Takeaway
The sold price of homes in Desert Highland Gateway Estates has remained the same since last year.
Summary: The median home sold price in Desert Highland Gateway Estates was $200,000 in October 2024, the same as last year, and the median price per square foot was $336.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $195.5K | $193.5K | -1.0% |
| 2 Bedrooms | $525K | - | N/A |
| 3 Bedrooms | $550K | $750K | +36.4% |
| 4 Bedrooms | - | $665K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Desert Highland Gateway Estates housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1%, 2 bedroom homes did not change, 3 bedroom homes increased by 36.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Desert Highland Gateway Estates, CA
How many homes are available in Desert Highland Gateway Estates, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 32 | +10.3% |
Summary: The Desert Highland Gateway Estates real estate market had 32 homes for sale in October 2024, a 10.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 17 | 19 | +11.8% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Desert Highland Gateway Estates housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.8%, 2 bedroom homes remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
2 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 Desert Highland Gateway Estates, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Desert Highland Gateway Estates in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Desert Highland Gateway Estates, CA
How long does it take to sell a home in Desert Highland Gateway Estates, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 130 Days | 53 Days | -58.7% |
Summary: Homes in Desert Highland Gateway Estates had an average of 53 days on market in Oct 2024, down by 58.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Desert Highland Gateway Estates has remained consistent over time.
Summary: During October 2024, 4 homes were sold in Desert Highland Gateway Estates; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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.