$10,000 Closing Credit*
$1,199,000
2,700 SqFt
4 Beds
•3 Full Baths, 1 Partial
Scott Hayes, Listing Office: Compass
Is La Honda, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, La Honda has remained a Seller's Market.
Key Takeaway
La Honda is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in La Honda, CA
How much do homes in La Honda, CA cost?
Median Sold Price
$900,625
$641/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$143,875(-13.8%)
Key Takeaway
Homes in La Honda have sold for 13.8% less than they did a year ago.
Summary: The median home sold price in La Honda was $900,625 in September 2024, down 13.8% from last year, and the median price per square foot was $641.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $1.3M | $925K | -31.5% |
| 2 Bedrooms | $678.5K | $725K | +6.9% |
| 3 Bedrooms | $1.1M | $950K | -20.1% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: La Honda housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.5%, 2 bedroom homes increased by 6.9%, 3 bedroom homes decreased by 20.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Palo Alto | $3.0M | $3.2M | +4.4% |
| Boulder Creek | $742.5K | $750K | +1.0% |
| La Honda | $1.0M | $900.6K | -13.8% |
Housing Supply in La Honda, CA
How many homes are available in La Honda, CA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 11 | 12 | +9.1% |
Summary: The La Honda real estate market had 12 homes for sale in September 2024, a 9.1% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The La Honda housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in La Honda, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in La Honda in September 2024, up by 200.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for La Honda, CA
How long does it take to sell a home in La Honda, CA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 6 Days | 48 Days | +705.6% |
Summary: Homes in La Honda had an average of 48 days on market in Sep 2024, up by 705.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in La Honda are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 3 homes were sold in La Honda; 33% of homes were sold within 30 days, 33% 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.