Is Mission-Garin, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mission-Garin is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Mission-Garin has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Mission-Garin, CA

How much do homes in Mission-Garin, CA cost?

Median Sold Price

$836,627

$583/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$69,127(+9.0%)

Key Takeaway

Homes in Mission-Garin have sold for 9% more than they did a year ago.

Summary: The median home sold price in Mission-Garin was $836,627 in November 2024, up 9% from last year, and the median price per square foot was $583.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $402.5K$390K
-3.1%
2 $745K$819.3K
+10.0%
3 $845K$990K
+17.2%
4 $1.1M$1.2M
+5.2%
5+ $1.6M$1.7M
0.4%

Summary: Mission-Garin housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.1%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 17.2%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 0.4%.

Median Sold Price Compared To Nearby Neighborhoods

Fairway Park
+10.7%
Mission-Garin
+9.0%
Hayward Highland
+6.0%
Mission Foothills
-4.8%

Housing Supply in Mission-Garin, CA

How many homes are available in Mission-Garin, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3523-34.3%

Summary: The Mission-Garin real estate market had 23 homes for sale in November 2024, a 34.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 66
0.0%
2 168
-50.0%
3 85
-37.5%
4 32
-33.3%
5+ 22
0.0%

Summary: The Mission-Garin 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 50%, 3 bedroom homes decreased by 37.5%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
144-71.4%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mission-Garin, 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 Mission-Garin in November 2024, down by 71.4% 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 Mission-Garin, CA

How long does it take to sell a home in Mission-Garin, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
22 Days26 Days+18.9%

Summary: Homes in Mission-Garin had an average of 26 days on market in Nov 2024, up by 18.9% compared to last year.

Breakdown of Home Sale Times

2 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

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

Summary: During November 2024, 4 homes were sold in Mission-Garin; 50% of homes were sold within 30 days, 50% 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 18 Days Ago

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