$10,000 Closing Credit*
$1,299,000
1,313 SqFt
3 Beds
•2 Full Baths
Stephanie Younger, Listing Office: Compass
Is Jefferson Park, 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, Jefferson Park has remained a Seller's Market.
Key Takeaway
Jefferson Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jefferson Park, CA
How much do homes in Jefferson Park, CA cost?
Median Sold Price
$1,015,000
$581/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since November 2023.
Key Takeaway
The sold price of homes in Jefferson Park has remained the same since last year.
Summary: The median home sold price in Jefferson Park was $1,015,000 in November 2024, the same as last year, and the median price per square foot was $581.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $618.4K | N/A |
| 2 Bedrooms | $765K | $862.5K | +12.7% |
| 3 Bedrooms | $1.0M | $1.1M | +12.2% |
| 4 Bedrooms | $1.1M | $940K | -14.5% |
| 5+ Bedrooms | $1.3M | $1.2M | -8.6% |
Summary: Jefferson Park 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 increased by 12.7%, 3 bedroom homes increased by 12.2%, 4 bedroom homes decreased by 14.5%, and 5+ bedroom homes decreased by 8.6%.
Housing Supply in Jefferson Park, CA
How many homes are available in Jefferson Park, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 40 | 44 | +10.0% |
Summary: The Jefferson Park real estate market had 44 homes for sale in November 2024, a 10.0% 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 | 4 | 4 | 0.0% |
| 3 Bedrooms | 17 | 19 | +11.8% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 15 | 15 | 0.0% |
Summary: The Jefferson Park 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 increased by 11.8%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 9 | +50.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jefferson Park, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Jefferson Park in November 2024, up by 50.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 11% were sold at asking, and 22% were sold over asking.
Days on Market for Jefferson Park, CA
How long does it take to sell a home in Jefferson Park, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 86 Days | +418.1% |
Summary: Homes in Jefferson Park had an average of 86 days on market in Nov 2024, up by 418.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Jefferson Park has remained consistent over time.
Summary: During November 2024, 9 homes were sold in Jefferson Park; 22% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 33% 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.