$10,000 Closing Credit*
$849,000
2,953 SqFt
4 Beds
•3 Baths
Jonathan Williams, Listing Office: Kuphaldt Real Estate Inc.
Is Madera Southeast, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Madera Southeast has remained a Seller's Market.
Key Takeaway
Madera Southeast is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Madera Southeast, CA
How much do homes in Madera Southeast, CA cost?
Median Sold Price
$504,990
$250/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,000(+1.0%)
Key Takeaway
Homes in Madera Southeast have sold for 1% more than they did a year ago.
Summary: The median home sold price in Madera Southeast was $504,990 in November 2024, up 1% from last year, and the median price per square foot was $250.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $410K | N/A |
| 3 Bedrooms | $439.9K | $452.2K | +2.8% |
| 4 Bedrooms | $519.3K | $539.3K | +3.9% |
| 5+ Bedrooms | $556.7K | $596.9K | +7.2% |
Summary: Madera Southeast 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 did not change, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 7.2%.
Median Sold Price Compared To Nearby Cities
| Fresno | $379.8K | $391K | +2.9% |
| Oakhurst-North Fork | $462K | $468.6K | +1.4% |
| Madera Southeast | $499.9K | $504.9K | +1.0% |
| Friant | $620K | $574.9K | -7.3% |
Housing Supply in Madera Southeast, CA
How many homes are available in Madera Southeast, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 72 | 64 | -11.1% |
Summary: The Madera Southeast real estate market had 64 homes for sale in November 2024, a 11.1% 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 | 6 | 4 | -33.3% |
| 3 Bedrooms | 25 | 28 | +12.0% |
| 4 Bedrooms | 33 | 26 | -21.2% |
| 5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The Madera Southeast 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 decreased by 33.3%, 3 bedroom homes increased by 12%, 4 bedroom homes decreased by 21.2%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 13 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
5 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Madera Southeast, you could pay more than the asking price. 53.8% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in Madera Southeast in November 2024, the same as the previous month. Of the 13 sold homes, 8% were sold under asking, 38% were sold at asking, and 54% were sold over asking.
Days on Market for Madera Southeast, CA
How long does it take to sell a home in Madera Southeast, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 20 Days | 30 Days | +50.8% |
Summary: Homes in Madera Southeast had an average of 30 days on market in Nov 2024, up by 50.8% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Madera Southeast are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 13 homes were sold in Madera Southeast; 69% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 8% 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.