Is Horsethief Canyon Ranch, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Horsethief Canyon Ranch is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Horsethief Canyon Ranch has remained a Seller's Market.

Key Takeaway

Horsethief Canyon Ranch is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Horsethief Canyon Ranch, CA

How much do homes in Horsethief Canyon Ranch, CA cost?

Median Sold Price

$670,000

$378/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$50,000(+8.1%)

Key Takeaway

Homes in Horsethief Canyon Ranch have sold for 8.1% more than they did a year ago.

Summary: The median home sold price in Horsethief Canyon Ranch was $670,000 in October 2024, up 8.1% from last year, and the median price per square foot was $378.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $566.3K-
N/A
3 $605K$650K
+7.4%
4 $700K$705K
+0.7%
5+ $757.5K$759.5K
0.3%

Summary: Horsethief Canyon Ranch 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 did not change, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 0.3%.

Median Sold Price Compared To Nearby Neighborhoods

Horsethief Canyon Ranch
+8.1%
Temescal Valley
+5.0%
Alberhill
+4.2%

Housing Supply in Horsethief Canyon Ranch, CA

How many homes are available in Horsethief Canyon Ranch, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2730+11.1%

Summary: The Horsethief Canyon Ranch real estate market had 30 homes for sale in October 2024, a 11.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1113
+18.2%
4 1214
+16.7%
5+ 43
-25.0%

Summary: The Horsethief Canyon Ranch 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 increased by 18.2%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
27+250.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Horsethief Canyon Ranch, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Horsethief Canyon Ranch in October 2024, up by 250.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.

Days on Market for Horsethief Canyon Ranch, CA

How long does it take to sell a home in Horsethief Canyon Ranch, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
37 Days31 Days-16.2%

Summary: Homes in Horsethief Canyon Ranch had an average of 31 days on market in Oct 2024, down by 16.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Horsethief Canyon Ranch are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 7 homes were sold in Horsethief Canyon Ranch; 57% of homes were sold within 30 days, 43% 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

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