Is Grass Valley, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Grass Valley is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Grass Valley has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Grass Valley, CA

How much do homes in Grass Valley, CA cost?

Median Sold Price

$400,000

$265/sqft

Based on all homes sold in August 2024.

Difference Since Last Month

-$492,500(-55.2%)

Key Takeaway

Homes in Grass Valley have sold for 55.2% less than they did a month ago.

Summary: The median home sold price in Grass Valley was $400,000 in August 2024, down 55.2% from last month, and the median price per square foot was $265.

Median Sold Price By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 -$220K
N/A
2 --
N/A
3 $1.0M$580K
-45.3%
4 $725K-
N/A
5+ --
N/A

Summary: Grass Valley housing prices by bedroom type for August 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 45.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Grass Valley, CA

How many homes are available in Grass Valley, CA?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
108-20.0%

Summary: The Grass Valley real estate market had 8 homes for sale in August 2024, a 20.0% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 22
0.0%
2 00
0.0%
3 65
-16.7%
4 10
-100.0%
5+ 11
0.0%

Summary: The Grass Valley housing inventory by bedroom type for August 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 16.7%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 2 homes were sold or pending in Grass Valley in August 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Grass Valley, CA

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

Average Sale Time

Jul 2024Aug 2024CHANGE
104 Days60 Days-42.6%

Summary: Homes in Grass Valley had an average of 60 days on market in Aug 2024, down by 42.6% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Grass Valley has remained consistent over time.

Summary: During August 2024, 2 homes were sold in Grass Valley; 0% 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 17 Days Ago

Newest Listings in Grass Valley, CA

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