$275,000
2.39 Acres
Land
LARRY ROBILLARD, Listing Office: REALTY MASTERS & ASSOCIATES
Is Good Hope, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Good Hope has remained a Seller's Market.
Key Takeaway
Good Hope is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Good Hope, CA
How much do homes in Good Hope, CA cost?
Median Sold Price
$610,000
$335/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$150,000(+32.6%)
Key Takeaway
Homes in Good Hope have sold for 32.6% more than they did a year ago.
Summary: The median home sold price in Good Hope was $610,000 in October 2024, up 32.6% from last year, and the median price per square foot was $335.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $265K | $580K | +118.9% |
| 3 Bedrooms | $465K | $595K | +28.0% |
| 4 Bedrooms | $555K | $700K | +26.1% |
| 5+ Bedrooms | - | $617.6K | N/A |
Summary: Good Hope housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 118.9%, 3 bedroom homes increased by 28%, 4 bedroom homes increased by 26.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Good Hope | $460K | $610K | +32.6% |
| West Perris | $460K | $480K | +4.3% |
| Mead Valley | $655K | $623K | -4.9% |
Housing Supply in Good Hope, CA
How many homes are available in Good Hope, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 15 | -6.3% |
Summary: The Good Hope real estate market had 15 homes for sale in October 2024, a 6.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Good Hope housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Good Hope, 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 Good Hope in October 2024, up by 200.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for Good Hope, CA
How long does it take to sell a home in Good Hope, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 2 Days | 27 Days | +1275.0% |
Summary: Homes in Good Hope had an average of 27 days on market in Oct 2024, up by 1275% 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 Good Hope are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Good Hope; 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.