$10,000 Closing Credit*
$1,980,000
1,230 SqFt
3 Beds
•2 Full Baths
Yazen Haddad, Listing Office: E Realty
Is Old Town, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Old Town was a Buyer's Market.
Key Takeaway
Old Town is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Old Town, CA
How much do homes in Old Town, CA cost?
Median Sold Price
$1,917,000
$1,086/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$72,500(+3.9%)
Key Takeaway
Homes in Old Town have sold for 3.9% more than they did a month ago.
Summary: The median home sold price in Old Town was $1,917,000 in November 2024, up 3.9% from last month, and the median price per square foot was $1,086.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $1.5M | $1.3M | -13.8% |
| 3 Bedrooms | $2.0M | $1.9M | -7.4% |
| 4 Bedrooms | - | $1.8M | N/A |
| 5+ Bedrooms | - | $4.1M | N/A |
Summary: Old Town housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.8%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Old Town, CA
How many homes are available in Old Town, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 25 | 0.0% |
Summary: The Old Town real estate market had 25 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Old Town 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 20%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 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 Old Town, 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 Old Town in November 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 Old Town, CA
How long does it take to sell a home in Old Town, CA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 87 Days | 38 Days | -55.5% |
Summary: Homes in Old Town had an average of 38 days on market in Nov 2024, down by 55.5% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Old Town are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Old Town; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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.