$11,495,000
185.00 Acres
Land
Jill Bailey, Listing Office: Jacobson Realty, Inc
Is Las Posas, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Las Posas has remained a Seller's Market.
Key Takeaway
Las Posas is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Las Posas, CA
How much do homes in Las Posas, CA cost?
Median Sold Price
$1,787,500
$512/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$117,500(+7.0%)
Key Takeaway
Homes in Las Posas have sold for 7% more than they did a year ago.
Summary: The median home sold price in Las Posas was $1,787,500 in October 2024, up 7% from last year, and the median price per square foot was $512.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $1.4M | $1.2M | -14.3% |
| 3 Bedrooms | $1.9M | $1.1M | -38.7% |
| 4 Bedrooms | $1.4M | $3.3M | +135.5% |
| 5+ Bedrooms | $2.7M | $2.1M | -21.1% |
Summary: Las Posas 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 decreased by 14.3%, 3 bedroom homes decreased by 38.7%, 4 bedroom homes increased by 135.5%, and 5+ bedroom homes decreased by 21.1%.
Housing Supply in Las Posas, CA
How many homes are available in Las Posas, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 19 | -9.5% |
Summary: The Las Posas real estate market had 19 homes for sale in October 2024, a 9.5% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 13 | 13 | 0.0% |
Summary: The Las Posas 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 20%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Las Posas, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Las Posas in October 2024, up by 300.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Las Posas, CA
How long does it take to sell a home in Las Posas, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 7 Days | 146 Days | +1890.9% |
Summary: Homes in Las Posas had an average of 146 days on market in Oct 2024, up by 1890.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Las Posas has remained consistent over time.
Summary: During October 2024, 4 homes were sold in Las Posas; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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.