$1,071,000
2.50 Acres
Land
Clark Henry, Listing Office: Pacific Preferred
Is Olivenhain, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Olivenhain has remained a Seller's Market.
Key Takeaway
Olivenhain is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Olivenhain, CA
How much do homes in Olivenhain, CA cost?
Median Sold Price
$2,875,000
$762/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
-$1,119,175(-28.0%)
Key Takeaway
Homes in Olivenhain have sold for 28% less than they did a month ago.
Summary: The median home sold price in Olivenhain was $2,875,000 in December 2024, down 28% from last month, and the median price per square foot was $762.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $3.4M | $3.3M | -2.9% |
| 5+ Bedrooms | $4.9M | $2.4M | -50.0% |
Summary: Olivenhain housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes decreased by 50%.
Housing Supply in Olivenhain, CA
How many homes are available in Olivenhain, CA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 10 | 7 | -30.0% |
Summary: The Olivenhain real estate market had 7 homes for sale in December 2024, a 30.0% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 0 | 1 | +100.0% |
| 4 Bedrooms | 6 | 3 | -50.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Olivenhain housing inventory by bedroom type for December 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 100%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Olivenhain, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Olivenhain in December 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Olivenhain, CA
How long does it take to sell a home in Olivenhain, CA?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 41 Days | 126 Days | +204.8% |
Summary: Homes in Olivenhain had an average of 126 days on market in Dec 2024, up by 204.8% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Olivenhain has remained consistent over time.
Summary: During December 2024, 2 homes were sold in Olivenhain; 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.