Is Llagas-Uvas, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Llagas-Uvas is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Llagas-Uvas has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Llagas-Uvas, CA

How much do homes in Llagas-Uvas, CA cost?

Median Sold Price

$1,690,000

$553/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$240,000(+16.6%)

Key Takeaway

Homes in Llagas-Uvas have sold for 16.6% more than they did a year ago.

Summary: The median home sold price in Llagas-Uvas was $1,690,000 in October 2024, up 16.6% from last year, and the median price per square foot was $553.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $375K$660K
+76.0%
2 $1.2M-
N/A
3 $1.3M$1.5M
+14.1%
4 $1.4M$1.6M
+18.9%
5+ $1.9M$1.8M
-3.4%

Summary: Llagas-Uvas housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 76%, 2 bedroom homes did not change, 3 bedroom homes increased by 14.1%, 4 bedroom homes increased by 18.9%, and 5+ bedroom homes decreased by 3.4%.

Median Sold Price Compared To Nearby Cities

Llagas-Uvas
+16.6%
South Santa Clara Valley
+9.1%
Gilroy
+7.4%
San Martin
-17.1%

Housing Supply in Llagas-Uvas, CA

How many homes are available in Llagas-Uvas, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2326+13.0%

Summary: The Llagas-Uvas real estate market had 26 homes for sale in October 2024, a 13.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 45
+25.0%
4 1313
0.0%
5+ 35
+66.7%

Summary: The Llagas-Uvas 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 increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
26+200.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Llagas-Uvas, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Llagas-Uvas in October 2024, up by 200.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for Llagas-Uvas, CA

How long does it take to sell a home in Llagas-Uvas, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
45 Days43 Days-4.9%

Summary: Homes in Llagas-Uvas had an average of 43 days on market in Oct 2024, down by 4.9% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Llagas-Uvas are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in Llagas-Uvas; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% 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 20 Days Ago

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