Is Inverness, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Inverness is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Inverness was a Seller's Market.

Key Takeaway

Inverness is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Inverness, CA

How much do homes in Inverness, CA cost?

Median Sold Price

$1,500,000

$823/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$550,000(-26.8%)

Key Takeaway

Homes in Inverness have sold for 26.8% less than they did a month ago.

Summary: The median home sold price in Inverness was $1,500,000 in November 2024, down 26.8% from last month, and the median price per square foot was $823.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $1.3M-
N/A
2 $1.8M-
N/A
3 $2.8M$1.5M
-47.1%
4 --
N/A
5+ --
N/A

Summary: Inverness 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 did not change, 3 bedroom homes decreased by 47.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Point Reyes Station
+50.8%
Inverness
-26.8%

Housing Supply in Inverness, CA

How many homes are available in Inverness, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
117-36.4%

Summary: The Inverness real estate market had 7 homes for sale in November 2024, a 36.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 31
-66.7%
3 43
-25.0%
4 00
0.0%
5+ 33
0.0%

Summary: The Inverness housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 66.7%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Inverness, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Inverness in November 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Inverness, CA

We’re sorry, we don't have information for this market at the moment

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 Inverness, CA

Nearby Markets to Inverness, CA

What housing markets are near Inverness, CA?