$10,000 Closing Credit*
$1,800,000
1,484 SqFt
3 Beds
•2 Full Baths
Karen Webb, Listing Office: Webb Realty
Is Occidental, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Occidental has remained a Seller's Market.
Key Takeaway
Occidental is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Occidental, CA
How much do homes in Occidental, CA cost?
Median Sold Price
$621,250
$519/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$283,750(-31.4%)
Key Takeaway
Homes in Occidental have sold for 31.4% less than they did a year ago.
Summary: The median home sold price in Occidental was $621,250 in October 2024, down 31.4% from last year, and the median price per square foot was $519.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $800K | $427K | -46.6% |
| 2 Bedrooms | $630K | $518K | -17.8% |
| 3 Bedrooms | $1.0M | $999.9K | -0.8% |
| 4 Bedrooms | $1.0M | $1.0M | +1.2% |
| 5+ Bedrooms | - | $4.2M | N/A |
Summary: Occidental housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 46.6%, 2 bedroom homes decreased by 17.8%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Monte Rio | $535K | $558K | +4.3% |
| Bodega Bay | $1.4M | $1.5M | +2.5% |
| Occidental | $905K | $621.2K | -31.4% |
Housing Supply in Occidental, CA
How many homes are available in Occidental, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 12 | +20.0% |
Summary: The Occidental real estate market had 12 homes for sale in October 2024, a 20.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 4 | 6 | +50.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Occidental 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 4 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Occidental, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Occidental in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Occidental, CA
We’re sorry, we don't have information for this market at the moment
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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.