Is Linda Mar Valley, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Linda Mar Valley is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Linda Mar Valley has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Linda Mar Valley, CA

How much do homes in Linda Mar Valley, CA cost?

Median Sold Price

$1,200,000

$893/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$54,425(-4.3%)

Key Takeaway

Homes in Linda Mar Valley have sold for 4.3% less than they did a year ago.

Summary: The median home sold price in Linda Mar Valley was $1,200,000 in September 2024, down 4.3% from last year, and the median price per square foot was $893.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $765K$865K
+13.1%
3 $1.2M$1.1M
-3.6%
4 $1.5M$1.2M
-16.5%
5+ $1.6M$2.0M
+22.1%

Summary: Linda Mar Valley housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.1%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes decreased by 16.5%, and 5+ bedroom homes increased by 22.1%.

Housing Supply in Linda Mar Valley, CA

How many homes are available in Linda Mar Valley, CA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
3227-15.6%

Summary: The Linda Mar Valley real estate market had 27 homes for sale in September 2024, a 15.6% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 11
0.0%
2 43
-25.0%
3 2017
-15.0%
4 44
0.0%
5+ 32
-33.3%

Summary: The Linda Mar Valley housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 15%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
1312-7.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Linda Mar Valley, you could pay more than the asking price. 41.7% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in Linda Mar Valley in September 2024, down by 7.7% month-over-month. Of the 12 sold homes, 33% were sold under asking, 25% were sold at asking, and 42% were sold over asking.

Days on Market for Linda Mar Valley, CA

How long does it take to sell a home in Linda Mar Valley, CA?

Average Sale Time

Sep 2023Sep 2024CHANGE
54 Days37 Days-31.7%

Summary: Homes in Linda Mar Valley had an average of 37 days on market in Sep 2024, down by 31.7% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Linda Mar Valley are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 12 homes were sold in Linda Mar Valley; 58% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 8% 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 21 Days Ago

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