$5,641 Closing Credit*
$475,000
1,300 SqFt
4 Beds
•2 Full Baths
THOMAS JACKSON, Listing Office: KELLER WILLIAMS REALTY
Is Pacific, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Pacific was a Seller's Market.
Key Takeaway
Pacific is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Pacific, CA
How much do homes in Pacific, CA cost?
Median Sold Price
$477,500
$336/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$42,500(+9.8%)
Key Takeaway
Homes in Pacific have sold for 9.8% more than they did a year ago.
Summary: The median home sold price in Pacific was $477,500 in September 2024, up 9.8% from last year, and the median price per square foot was $336.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $260K | - | N/A |
| 2 Bedrooms | $417K | $360K | -13.7% |
| 3 Bedrooms | $440K | $487.5K | +10.8% |
| 4 Bedrooms | $450K | $507.5K | +12.8% |
| 5+ Bedrooms | $495K | $520K | +5.1% |
Summary: Pacific housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.7%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes increased by 5.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Curtis | $310K | $360K | +16.1% |
| Pacific | $435K | $477.5K | +9.8% |
| DRNAG | $445K | $481.4K | +8.2% |
Housing Supply in Pacific, CA
How many homes are available in Pacific, CA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 16 | 16 | 0.0% |
Summary: The Pacific real estate market had 16 homes for sale in September 2024, the same as August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 10 | 7 | -30.0% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Pacific housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 30%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pacific, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Pacific in September 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Pacific, CA
How long does it take to sell a home in Pacific, CA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 38 Days | 23 Days | -40.3% |
Summary: Homes in Pacific had an average of 23 days on market in Sep 2024, down by 40.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pacific are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 2 homes were sold in Pacific; 100% of homes were sold within 30 days, 0% 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.