Is Home Gardens, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Home Gardens is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Home Gardens has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Home Gardens, CA

How much do homes in Home Gardens, CA cost?

Median Sold Price

$630,000

$436/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$127,500(+25.4%)

Key Takeaway

Homes in Home Gardens have sold for 25.4% more than they did a month ago.

Summary: The median home sold price in Home Gardens was $630,000 in November 2024, up 25.4% from last month, and the median price per square foot was $436.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $479K$525K
+9.6%
3 $500K-
N/A
4 $577K$640K
+10.9%
5+ --
N/A

Summary: Home Gardens housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.6%, 3 bedroom homes did not change, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes did not change.

Housing Supply in Home Gardens, CA

How many homes are available in Home Gardens, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1915-21.1%

Summary: The Home Gardens real estate market had 15 homes for sale in November 2024, a 21.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 86
-25.0%
4 76
-14.3%
5+ 22
0.0%

Summary: The Home Gardens 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 decreased by 50%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Home Gardens, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Home Gardens in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Home Gardens, CA

How long does it take to sell a home in Home Gardens, CA?

Average Sale Time

Oct 2024Nov 2024CHANGE
15 Days15 Days+0.5%

Summary: Homes in Home Gardens had an average of 15 days on market in Nov 2024, up by 0.5% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in Home Gardens; 100% of homes were sold within 30 days, 0% 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 21 Days Ago

Newest Listings in Home Gardens, CA

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