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 buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Llagas-Uvas was a Seller's Market.

Key Takeaway

Llagas-Uvas is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Llagas-Uvas, CA

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

Median Sold Price

$1,550,000

$575/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$100,000(+6.9%)

Key Takeaway

Homes in Llagas-Uvas have sold for 6.9% more than they did a year ago.

Summary: The median home sold price in Llagas-Uvas was $1,550,000 in September 2024, up 6.9% from last year, and the median price per square foot was $575.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $375K$660K
+76.0%
2 $1.5M$450K
-71.0%
3 $1.3M$1.4M
+8.2%
4 $1.3M$1.6M
+18.2%
5+ $1.8M$2.7M
+46.7%

Summary: Llagas-Uvas housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 76%, 2 bedroom homes decreased by 71%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 46.7%.

Median Sold Price Compared To Nearby Cities

South Santa Clara Valley
+11.7%
Llagas-Uvas
+6.9%
Gilroy
+6.0%
San Martin
-12.5%

Housing Supply in Llagas-Uvas, CA

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

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1924+26.3%

Summary: The Llagas-Uvas real estate market had 24 homes for sale in September 2024, a 26.3% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 44
0.0%
4 1014
+40.0%
5+ 33
0.0%

Summary: The Llagas-Uvas 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 increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was 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. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Llagas-Uvas in September 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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

Sep 2023Sep 2024CHANGE
246 Days46 Days-81.1%

Summary: Homes in Llagas-Uvas had an average of 46 days on market in Sep 2024, down by 81.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were 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 Llagas-Uvas has remained consistent over time.

Summary: During September 2024, 2 homes were sold in Llagas-Uvas; 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 29 Days Ago

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