$10,000 Closing Credit*
$1,325,000
3,622 SqFt
4 Beds
•4 Baths
Regina Hooks, Listing Office: Robert Pitts Estates
Is Manchester Square, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Manchester Square was a Seller's Market.
Key Takeaway
Manchester Square is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Manchester Square, CA
How much do homes in Manchester Square, CA cost?
Median Sold Price
$760,000
$516/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$11,000(+1.5%)
Key Takeaway
Homes in Manchester Square have sold for 1.5% more than they did a year ago.
Summary: The median home sold price in Manchester Square was $760,000 in October 2024, up 1.5% from last year, and the median price per square foot was $516.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $675K | - | N/A |
| 2 Bedrooms | $625K | $635K | +1.6% |
| 3 Bedrooms | $755K | $785K | +4.0% |
| 4 Bedrooms | $930K | $843.3K | -9.3% |
| 5+ Bedrooms | $939.7K | $1.1M | +17.5% |
Summary: Manchester Square housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.6%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 9.3%, and 5+ bedroom homes increased by 17.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Vermont Slauson | $592K | $680K | +14.9% |
| Harvard Park | $615K | $638K | +3.7% |
| Manchester Square | $749K | $760K | +1.5% |
Housing Supply in Manchester Square, CA
How many homes are available in Manchester Square, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 30 | +11.1% |
Summary: The Manchester Square real estate market had 30 homes for sale in October 2024, a 11.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 13 | 15 | +15.4% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Manchester Square 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 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Manchester Square, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Manchester Square in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Manchester Square, CA
How long does it take to sell a home in Manchester Square, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 29 Days | 110 Days | +275.4% |
Summary: Homes in Manchester Square had an average of 110 days on market in Oct 2024, up by 275.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Manchester Square has remained consistent over time.
Summary: During October 2024, 4 homes were sold in Manchester Square; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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.