$10,000 Closing Credit*
$1,999,999
4,886 SqFt
7 Beds
•6 Full Baths
Kelly Reyes, Listing Office: Berkshire Hathaway HomeServices California Properties
Is Live Oak Canyon, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Live Oak Canyon was a Neutral Market.
Key Takeaway
Live Oak Canyon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Live Oak Canyon, CA
How much do homes in Live Oak Canyon, CA cost?
Median Sold Price
$765,000
$358/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$59,000(-7.2%)
Key Takeaway
Homes in Live Oak Canyon have sold for 7.2% less than they did a year ago.
Summary: The median home sold price in Live Oak Canyon was $765,000 in November 2024, down 7.2% from last year, and the median price per square foot was $358.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $485K | $585K | +20.6% |
| 3 Bedrooms | $703.7K | $655K | -6.9% |
| 4 Bedrooms | $1.0M | $880K | -12.0% |
| 5+ Bedrooms | $1.5M | $1.3M | -9.9% |
Summary: Live Oak Canyon housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20.6%, 3 bedroom homes decreased by 6.9%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes decreased by 9.9%.
Median Sold Price Compared To Nearby Neighborhoods
| South Redlands | $658K | $703.5K | +6.9% |
| Dunlap Acres | $559K | $560K | 0.2% |
| Live Oak Canyon | $824K | $765K | -7.2% |
Housing Supply in Live Oak Canyon, CA
How many homes are available in Live Oak Canyon, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 19 | -24.0% |
Summary: The Live Oak Canyon real estate market had 19 homes for sale in November 2024, a 24.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 7 | 3 | -57.1% |
| 4 Bedrooms | 12 | 10 | -16.7% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Live Oak Canyon 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 remained the same, 3 bedroom homes decreased by 57.1%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Live Oak Canyon, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Live Oak Canyon in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for Live Oak Canyon, CA
How long does it take to sell a home in Live Oak Canyon, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 51 Days | 29 Days | -43.1% |
Summary: Homes in Live Oak Canyon had an average of 29 days on market in Nov 2024, down by 43.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Live Oak Canyon are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Live Oak Canyon; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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.