$5,522 Closing Credit*
$465,000
929 SqFt
2 Beds
•1 Full Bath
Frank Pompa, Listing Office: Twin Oaks Real Estate Inc
Is Hedgewood, 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, Hedgewood has remained a Seller's Market.
Key Takeaway
Hedgewood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hedgewood, CA
How much do homes in Hedgewood, CA cost?
Median Sold Price
$645,000
$578/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$30,000(+4.9%)
Key Takeaway
Homes in Hedgewood have sold for 4.9% more than they did a year ago.
Summary: The median home sold price in Hedgewood was $645,000 in November 2024, up 4.9% from last year, and the median price per square foot was $578.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $404.9K | $398.5K | -1.6% |
| 2 Bedrooms | $630K | $625K | -0.8% |
| 3 Bedrooms | $545K | $775K | +42.2% |
| 4 Bedrooms | $1.2M | $1.2M | +6.7% |
| 5+ Bedrooms | - | $1.5M | N/A |
Summary: Hedgewood housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.6%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes increased by 42.2%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes did not change.
Housing Supply in Hedgewood, CA
How many homes are available in Hedgewood, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 30 | +7.1% |
Summary: The Hedgewood real estate market had 30 homes for sale in November 2024, a 7.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 11 | 12 | +9.1% |
| 3 Bedrooms | 9 | 10 | +11.1% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Hedgewood housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hedgewood, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Hedgewood in November 2024, up by 16.7% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Hedgewood, CA
How long does it take to sell a home in Hedgewood, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 39 Days | 33 Days | -14.6% |
Summary: Homes in Hedgewood had an average of 33 days on market in Nov 2024, down by 14.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Hedgewood has remained consistent over time.
Summary: During November 2024, 7 homes were sold in Hedgewood; 43% of homes were sold within 30 days, 57% 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. 
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