Is Dougherty Hills, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dougherty Hills is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Dougherty Hills was a Seller's Market.

Key Takeaway

Dougherty Hills is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Dougherty Hills, CA

How much do homes in Dougherty Hills, CA cost?

Median Sold Price

$1,200,000

$723/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$73,500(+6.5%)

Key Takeaway

Homes in Dougherty Hills have sold for 6.5% more than they did a year ago.

Summary: The median home sold price in Dougherty Hills was $1,200,000 in October 2024, up 6.5% from last year, and the median price per square foot was $723.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $539.9K$500K
-7.4%
2 $720K$760K
+5.6%
3 $1.3M$1.3M
-5.8%
4 $1.8M$1.9M
+7.2%
5+ $2.1M$2.4M
+12.6%

Summary: Dougherty Hills housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.4%, 2 bedroom homes increased by 5.6%, 3 bedroom homes decreased by 5.8%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes increased by 12.6%.

Housing Supply in Dougherty Hills, CA

How many homes are available in Dougherty Hills, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3436+5.9%

Summary: The Dougherty Hills real estate market had 36 homes for sale in October 2024, a 5.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 42
-50.0%
2 1517
+13.3%
3 712
+71.4%
4 74
-42.9%
5+ 11
0.0%

Summary: The Dougherty Hills housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 71.4%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
134-69.2%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dougherty Hills, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Dougherty Hills in October 2024, down by 69.2% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for Dougherty Hills, CA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
10 Days29 Days+186.8%

Summary: Homes in Dougherty Hills had an average of 29 days on market in Oct 2024, up by 186.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 4 homes were sold in Dougherty Hills; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 15 Days Ago

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