Is Likely, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Likely is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Likely has remained a Seller's Market.

Key Takeaway

Likely is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Likely, CA

How much do homes in Likely, CA cost?

Median Sold Price

$2,412,500

$1,964/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$287,500(+13.5%)

Key Takeaway

Homes in Likely have sold for 13.5% more than they did a month ago.

Summary: The median home sold price in Likely was $2,412,500 in November 2024, up 13.5% from last month, and the median price per square foot was $1,964.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $1.0M$2.4M
+129.8%
3 $3.2M-
N/A
4 --
N/A
5+ --
N/A

Summary: Likely housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 129.8%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Likely, CA

How many homes are available in Likely, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
42-50.0%

Summary: The Likely real estate market had 2 homes for sale in November 2024, a 50.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 21
-50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Likely 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 50%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Likely, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Likely in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Likely, CA

How long does it take to sell a home in Likely, CA?

Average Sale Time

Oct 2024Nov 2024CHANGE
39 Days63 Days+61.5%

Summary: Homes in Likely had an average of 63 days on market in Nov 2024, up by 61.5% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Likely has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Likely; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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 Likely, CA

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