$7,599 Closing Credit*
$639,900
2,429 SqFt
4 Beds
•3 Full Baths
Belen Zendejas Escamilla, Listing Office: Realty World Golden Era
Is Greenfield-Panama, 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, Greenfield-Panama has remained a Seller's Market.
Key Takeaway
Greenfield-Panama is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Greenfield-Panama, CA
How much do homes in Greenfield-Panama, CA cost?
Median Sold Price
$480,000
$246/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$50,000(+11.6%)
Key Takeaway
Homes in Greenfield-Panama have sold for 11.6% more than they did a year ago.
Summary: The median home sold price in Greenfield-Panama was $480,000 in November 2024, up 11.6% from last year, and the median price per square foot was $246.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $586.5K | $542.5K | -7.5% |
| 3 Bedrooms | $385K | $430K | +11.7% |
| 4 Bedrooms | $465K | $519.9K | +11.8% |
| 5+ Bedrooms | $515K | $505K | -1.9% |
Summary: Greenfield-Panama 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 decreased by 7.5%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes decreased by 1.9%.
Median Sold Price Compared To Nearby Cities
| Greenfield-Panama | $430K | $480K | +11.6% |
| West Kern | $329K | $335K | +1.8% |
Housing Supply in Greenfield-Panama, CA
How many homes are available in Greenfield-Panama, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 40 | 42 | +5.0% |
Summary: The Greenfield-Panama real estate market had 42 homes for sale in November 2024, a 5.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 12 | 10 | -16.7% |
| 4 Bedrooms | 21 | 22 | +4.8% |
| 5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The Greenfield-Panama 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 remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Greenfield-Panama, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Greenfield-Panama in November 2024, down by 11.1% month-over-month. Of the 8 sold homes, 63% were sold under asking, 38% were sold at asking, and 0% were sold over asking.
Days on Market for Greenfield-Panama, CA
How long does it take to sell a home in Greenfield-Panama, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 43 Days | 33 Days | -24.5% |
Summary: Homes in Greenfield-Panama had an average of 33 days on market in Nov 2024, down by 24.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Greenfield-Panama are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in Greenfield-Panama; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% 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.