Is Kit Carson, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kit Carson is a neutral's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Kit Carson was a Seller's Market.

Key Takeaway

Kit Carson 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 Kit Carson, CA

How much do homes in Kit Carson, CA cost?

Median Sold Price

$919,000

$500/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$44,000(+5.0%)

Key Takeaway

Homes in Kit Carson have sold for 5% more than they did a year ago.

Summary: The median home sold price in Kit Carson was $919,000 in September 2024, up 5% from last year, and the median price per square foot was $500.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 -$365K
N/A
2 $496K$506K
+2.0%
3 $865K$894.5K
+3.4%
4 $1.0M$1.1M
+12.6%
5+ $1.2M$1.4M
+16.1%

Summary: Kit Carson housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 12.6%, and 5+ bedroom homes increased by 16.1%.

Median Sold Price Compared To Nearby Neighborhoods

East Valley
+16.7%
Northeastern San Diego
+11.9%
Kit Carson
+5.0%
East Canyon
+4.3%

Housing Supply in Kit Carson, CA

How many homes are available in Kit Carson, CA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
33330.0%

Summary: The Kit Carson real estate market had 33 homes for sale in September 2024, the same as August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 32
-33.3%
2 79
+28.6%
3 1212
0.0%
4 88
0.0%
5+ 32
-33.3%

Summary: The Kit Carson housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 28.6%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
115-54.5%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kit Carson, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Kit Carson in September 2024, down by 54.5% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.

Days on Market for Kit Carson, CA

How long does it take to sell a home in Kit Carson, CA?

Average Sale Time

Sep 2023Sep 2024CHANGE
6 Days25 Days+287.0%

Summary: Homes in Kit Carson had an average of 25 days on market in Sep 2024, up by 287% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 5 homes were sold in Kit Carson; 60% of homes were sold within 30 days, 40% 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 Kit Carson, CA

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