Is Los Compadres, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Los Compadres is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Los Compadres has remained a Seller's Market.

Key Takeaway

Los Compadres is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Los Compadres, CA

How much do homes in Los Compadres, CA cost?

Median Sold Price

$822,500

$432/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$57,500(+7.5%)

Key Takeaway

Homes in Los Compadres have sold for 7.5% more than they did a year ago.

Summary: The median home sold price in Los Compadres was $822,500 in November 2024, up 7.5% from last year, and the median price per square foot was $432.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$346K
N/A
2 $399K$394.1K
-1.2%
3 $1.1M$1.0M
-13.4%
4 $1.4M$1.1M
-17.9%
5+ $1.2M$965K
-24.0%

Summary: Los Compadres 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 decreased by 1.2%, 3 bedroom homes decreased by 13.4%, 4 bedroom homes decreased by 17.9%, and 5+ bedroom homes decreased by 24%.

Median Sold Price Compared To Nearby Neighborhoods

Sunmor
+17.4%
Los Compadres
+7.5%
Sonora Sunrise
+7.2%

Housing Supply in Los Compadres, CA

How many homes are available in Los Compadres, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1417+21.4%

Summary: The Los Compadres real estate market had 17 homes for sale in November 2024, a 21.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 46
+50.0%
3 76
-14.3%
4 23
+50.0%
5+ 11
0.0%

Summary: The Los Compadres housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
15+400.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 5 homes were sold or pending in Los Compadres in November 2024, up by 400.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for Los Compadres, CA

How long does it take to sell a home in Los Compadres, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
152 Days78 Days-48.5%

Summary: Homes in Los Compadres had an average of 78 days on market in Nov 2024, down by 48.5% compared to last year.

Breakdown of Home Sale Times

2 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 Los Compadres are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in Los Compadres; 40% of homes were sold within 30 days, 40% 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 17 Days Ago

Newest Listings in Los Compadres, CA

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