$3,299,000
3,347 SqFt
4 Beds
•2 Full Baths, 1 Partial
Luke Middleton, Listing Office: Big Block Realty, Inc.
Is Olivenhain, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 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
$3,020,000
$848/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$302,500(+11.1%)
Key Takeaway
Homes in Olivenhain have sold for 11.1% more than they did a year ago.
Summary: The median home sold price in Olivenhain was $3,020,000 in November 2024, up 11.1% from last year, and the median price per square foot was $848.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $1.0M | $1.3M | +33.3% |
| 3 Bedrooms | $1.6M | $1.3M | -16.5% |
| 4 Bedrooms | $2.6M | $3.0M | +13.5% |
| 5+ Bedrooms | $3.1M | $4.0M | +29.0% |
Summary: Olivenhain housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 16.5%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes increased by 29%.
Housing Supply in Olivenhain, CA
How many homes are available in Olivenhain, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 11 | -31.3% |
Summary: The Olivenhain real estate market had 11 homes for sale in November 2024, a 31.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 9 | 7 | -22.2% |
| 5+ Bedrooms | 7 | 4 | -42.9% |
Summary: The Olivenhain 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes decreased by 42.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
4 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 4 homes were sold or pending in Olivenhain in November 2024, down by 33.3% month-over-month. Of the 4 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 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 53 Days | 41 Days | -22.8% |
Summary: Homes in Olivenhain had an average of 41 days on market in Nov 2024, down by 22.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Olivenhain has remained consistent over time.
Summary: During November 2024, 4 homes were sold in Olivenhain; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% 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.