$10,000 Closing Credit*
$869,000
1,704 SqFt
4 Beds
•2 Full Baths, 1 Partial
Danielle McLaughlin, Listing Office: Precedence Properties
Is La Presa, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, La Presa was a Seller's Market.
Key Takeaway
La Presa is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in La Presa, CA
How much do homes in La Presa, CA cost?
Median Sold Price
$733,000
$517/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$48,000(+7.0%)
Key Takeaway
Homes in La Presa have sold for 7% more than they did a year ago.
Summary: The median home sold price in La Presa was $733,000 in October 2024, up 7% from last year, and the median price per square foot was $517.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $524.9K | - | N/A |
| 2 Bedrooms | $533K | $565K | +6.0% |
| 3 Bedrooms | $670K | $729.5K | +8.9% |
| 4 Bedrooms | $750K | $792K | +5.6% |
| 5+ Bedrooms | $840K | $862.5K | +2.7% |
Summary: La Presa housing prices by bedroom type for October 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 8.9%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 2.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Spring Valley | $700K | $773.5K | +10.5% |
| Skyline | $671.7K | $735K | +9.4% |
| Jamacha Lomita | $660K | $715K | +8.3% |
| Bay Terraces | $627.5K | $676K | +7.7% |
| La Presa | $685K | $733K | +7.0% |
Housing Supply in La Presa, CA
How many homes are available in La Presa, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 91 | 88 | -3.3% |
Summary: The La Presa real estate market had 88 homes for sale in October 2024, a 3.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 9 | +28.6% |
| 3 Bedrooms | 56 | 51 | -8.9% |
| 4 Bedrooms | 20 | 21 | +5.0% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The La Presa 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 increased by 28.6%, 3 bedroom homes decreased by 8.9%, 4 bedroom homes increased by 5%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 11 | -57.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in La Presa, you could pay more than the asking price. 63.6% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in La Presa in October 2024, down by 57.7% month-over-month. Of the 11 sold homes, 9% were sold under asking, 27% were sold at asking, and 64% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 20 Days | +4.0% |
Summary: Homes in La Presa had an average of 20 days on market in Oct 2024, up by 4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 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 October 2024, 11 homes were sold in La Presa; 73% of homes were sold within 30 days, 27% 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.