Is Orangecrest, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Orangecrest has remained a Seller's Market.
Housing Prices in Orangecrest, CA
How much do homes in Orangecrest, CA cost?
Median Sold Price
$745,000
$304/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Orangecrest was $745,000 in May 2024, up 3.6% from last year, and the median price per square foot was $304.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $481.5K | - | N/A |
3 Bedrooms | $635K | $643.7K | +1.4% |
4 Bedrooms | $715K | $725K | +1.4% |
5+ Bedrooms | $796K | $830K | +4.3% |
Summary: Orangecrest housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 4.3%.
Median Sold Price Compared To Nearby Neighborhoods
Woodcrest | $787.5K | $899K | +14.2% |
Mission Grove | $685K | $731K | +6.7% |
Orangecrest | $718.8K | $745K | +3.6% |
Housing Supply in Orangecrest, CA
How many homes are available in Orangecrest, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
41 | 38 | -7.3% |
Summary: The Orangecrest real estate market had 38 homes for sale in May 2024, a 7.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 6 | 7 | +16.7% |
4 Bedrooms | 22 | 17 | -22.7% |
5+ Bedrooms | 13 | 14 | +7.7% |
Summary: The Orangecrest housing inventory by bedroom type for May 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 16.7%, 4 bedroom homes decreased by 22.7%, and 5+ bedroom homes increased by 7.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 10 | -41.2% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Orangecrest in May 2024, down by 41.2% month-over-month. Of the 10 sold homes, 10% were sold under asking, 30% were sold at asking, and 60% were sold over asking.
Days on Market for Orangecrest, CA
How long does it take to sell a home in Orangecrest, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
36 Days | 20 Days | -44.2% |
Summary: Homes in Orangecrest had an average of 20 days on market in May 2024, down by 44.2% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 10 homes were sold in Orangecrest; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.