Is Kelseyville, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Kelseyville was a Seller's Market.
Key Takeaway
Kelseyville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Kelseyville, CA
How much do homes in Kelseyville, CA cost?
Median Sold Price
$375,000
$234/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Kelseyville have sold for 3.8% less than they did a year ago.
Summary: The median home sold price in Kelseyville was $375,000 in May 2024, down 3.8% from last year, and the median price per square foot was $234.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $160K | $350K | +118.8% |
| 2 Bedrooms | $322K | $339K | +5.3% |
| 3 Bedrooms | $405K | $389K | -4.0% |
| 4 Bedrooms | $417K | $515K | +23.5% |
| 5+ Bedrooms | $600K | $485K | -19.2% |
Summary: Kelseyville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 118.8%, 2 bedroom homes increased by 5.3%, 3 bedroom homes decreased by 4%, 4 bedroom homes increased by 23.5%, and 5+ bedroom homes decreased by 19.2%.
Median Sold Price Compared To Nearby Cities
| Cobb | $304.5K | $307.5K | +1.0% |
| Clearlake Riviera | $375K | $370K | -1.3% |
| Kelseyville | $390K | $375K | -3.8% |
Housing Supply in Kelseyville, CA
How many homes are available in Kelseyville, CA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 121 | 129 | +6.6% |
Summary: The Kelseyville real estate market had 129 homes for sale in May 2024, a 6.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 25 | 27 | +8.0% |
| 3 Bedrooms | 64 | 65 | +1.6% |
| 4 Bedrooms | 24 | 28 | +16.7% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Kelseyville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 15 | 12 | -20.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kelseyville, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Kelseyville in May 2024, down by 20.0% month-over-month. Of the 12 sold homes, 58% were sold under asking, 25% were sold at asking, and 17% were sold over asking.
Days on Market for Kelseyville, CA
How long does it take to sell a home in Kelseyville, CA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 129 Days | 70 Days | -45.2% |
Summary: Homes in Kelseyville had an average of 70 days on market in May 2024, down by 45.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Kelseyville are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 12 homes were sold in Kelseyville; 33% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 25% 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. 
Copyright © 2024 by Bay Area Real Estate Information Services, Inc. All rights reserved. 
Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS©, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. 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. Properties may or may not be listed by the office/agent presenting the information.