Is La Sierra, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, La Sierra has remained a Seller's Market.
Housing Prices in La Sierra, CA
How much do homes in La Sierra, CA cost?
Median Sold Price
$650,000
$381/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in La Sierra was $650,000 in May 2024, up 10.2% from last year, and the median price per square foot was $381.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $282K | - | N/A |
2 Bedrooms | $425K | $520K | +22.4% |
3 Bedrooms | $550K | $595K | +8.2% |
4 Bedrooms | $620.5K | $670K | +8.0% |
5+ Bedrooms | $767.5K | $782.5K | +2.0% |
Summary: La Sierra housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 22.4%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 2%.
Median Sold Price Compared To Nearby Neighborhoods
La Sierra | $590K | $650K | +10.2% |
Arlanza | $532K | $560K | +5.3% |
Arlington South | $592.5K | $619K | +4.5% |
Arlington | $528K | $550K | +4.2% |
La Sierra South | $639.5K | $646K | +1.0% |
Housing Supply in La Sierra, CA
How many homes are available in La Sierra, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
46 | 55 | +19.6% |
Summary: The La Sierra real estate market had 55 homes for sale in May 2024, a 19.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 16 | 18 | +12.5% |
4 Bedrooms | 17 | 23 | +35.3% |
5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The La Sierra housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 35.3%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 12 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in La Sierra in May 2024, up by 100.0% month-over-month. Of the 12 sold homes, 25% were sold under asking, 17% were sold at asking, and 58% were sold over asking.
Days on Market for La Sierra, CA
How long does it take to sell a home in La Sierra, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
33 Days | 14 Days | -56.8% |
Summary: Homes in La Sierra had an average of 14 days on market in May 2024, down by 56.8% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 12 homes were sold in La Sierra; 92% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.