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 December 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

$1,220,000

$901/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$15,000(-1.2%)

Key Takeaway

Homes in Linda Mar Valley have sold for 1.2% less than they did a year ago.

Summary: The median home sold price in Linda Mar Valley was $1,220,000 in December 2024, down 1.2% from last year, and the median price per square foot was $901.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$600K
N/A
2 $790K$799K
+1.1%
3 $1.1M$1.2M
+2.9%
4 $1.4M$1.2M
-7.5%
5+ $1.9M$2.0M
+5.1%

Summary: Linda Mar Valley housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.1%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes increased by 5.1%.

Housing Supply in Linda Mar Valley, CA

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

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1913-31.6%

Summary: The Linda Mar Valley real estate market had 13 homes for sale in December 2024, a 31.6% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 20
-100.0%
3 118
-27.3%
4 32
-33.3%
5+ 22
0.0%

Summary: The Linda Mar Valley housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 27.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 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. 80% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Linda Mar Valley in December 2024, down by 28.6% month-over-month. Of the 5 sold homes, 0% were sold under asking, 20% were sold at asking, and 80% 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

Dec 2023Dec 2024CHANGE
45 Days37 Days-16.2%

Summary: Homes in Linda Mar Valley had an average of 37 days on market in Dec 2024, down by 16.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 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 December 2024, 5 homes were sold in Linda Mar Valley; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% 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 6 Days Ago

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