Is La Morada, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing La Morada is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, La Morada was a Seller's Market.

Key Takeaway

La Morada is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in La Morada, CA

How much do homes in La Morada, CA cost?

Median Sold Price

$581,400

$327/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$43,500(+8.1%)

Key Takeaway

Homes in La Morada have sold for 8.1% more than they did a month ago.

Summary: The median home sold price in La Morada was $581,400 in October 2024, up 8.1% from last month, and the median price per square foot was $327.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $537.9K$552.9K
+2.8%
4 $540K$581.4K
+7.7%
5+ -$659.9K
N/A

Summary: La Morada housing prices by bedroom type for October 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 increased by 2.8%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

La Morada
+8.1%
Valley Oak
+4.3%

Housing Supply in La Morada, CA

How many homes are available in La Morada, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3733-10.8%

Summary: The La Morada real estate market had 33 homes for sale in October 2024, a 10.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1915
-21.1%
4 1414
0.0%
5+ 44
0.0%

Summary: The La Morada housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 21.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
74-42.9%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in La Morada, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in La Morada in October 2024, down by 42.9% month-over-month. Of the 4 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for La Morada, 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 22 Days Ago

Newest Listings in La Morada, CA

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