$10,000 Closing Credit*
$885,000
1,968 SqFt
3 Beds
•3 Full Baths, 1 Partial
Ulises Vera, Listing Office: Coldwell Banker Realty
Is La Presa, 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, La Presa has remained a Seller's Market.
Key Takeaway
La Presa is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in La Presa, CA
How much do homes in La Presa, CA cost?
Median Sold Price
$731,000
$517/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$36,000(+5.2%)
Key Takeaway
Homes in La Presa have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in La Presa was $731,000 in November 2024, up 5.2% from last year, and the median price per square foot was $517.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $524.9K | - | N/A |
| 2 Bedrooms | $533K | $565K | +6.0% |
| 3 Bedrooms | $680K | $730K | +7.4% |
| 4 Bedrooms | $756K | $794.5K | +5.1% |
| 5+ Bedrooms | $857.5K | $870K | +1.5% |
Summary: La Presa 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 6%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 1.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Bay Terraces | $625K | $700K | +12.0% |
| Spring Valley | $712.5K | $787.5K | +10.5% |
| Skyline | $675K | $740K | +9.6% |
| Jamacha Lomita | $662.5K | $718K | +8.4% |
| La Presa | $695K | $731K | +5.2% |
Housing Supply in La Presa, CA
How many homes are available in La Presa, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 87 | 85 | -2.3% |
Summary: The La Presa real estate market had 85 homes for sale in November 2024, a 2.3% decrease 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 | 12 | 10 | -16.7% |
| 3 Bedrooms | 52 | 49 | -5.8% |
| 4 Bedrooms | 19 | 22 | +15.8% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The La Presa 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 decreased by 16.7%, 3 bedroom homes decreased by 5.8%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 20 | +25.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in La Presa, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 20 homes were sold or pending in La Presa in November 2024, up by 25.0% month-over-month. Of the 20 sold homes, 20% were sold under asking, 30% were sold at asking, and 50% were sold over asking.
Days on Market for La Presa, CA
How long does it take to sell a home in La Presa, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 23 Days | +45.8% |
Summary: Homes in La Presa had an average of 23 days on market in Nov 2024, up by 45.8% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in La Presa are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 20 homes were sold in La Presa; 70% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 0% 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.