Is Paseo del Sol, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Paseo del Sol is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Paseo del Sol has remained a Seller's Market.

Key Takeaway

Paseo del Sol is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Paseo del Sol, CA

How much do homes in Paseo del Sol, CA cost?

Median Sold Price

$730,000

$351/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$60,000(+9.0%)

Key Takeaway

Homes in Paseo del Sol have sold for 9% more than they did a year ago.

Summary: The median home sold price in Paseo del Sol was $730,000 in December 2024, up 9% from last year, and the median price per square foot was $351.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $552.4K$577.5K
+4.5%
3 $607.5K$650K
+7.0%
4 $700K$775K
+10.7%
5+ $820K$885K
+7.9%

Summary: Paseo del Sol housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 7.9%.

Median Sold Price Compared To Nearby Neighborhoods

Paseo del Sol
+9.0%
Paloma del Sol
+4.2%

Housing Supply in Paseo del Sol, CA

How many homes are available in Paseo del Sol, CA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1715-11.8%

Summary: The Paseo del Sol real estate market had 15 homes for sale in December 2024, a 11.8% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 76
-14.3%
4 67
+16.7%
5+ 32
-33.3%

Summary: The Paseo del Sol 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 decreased by 100%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
47+75.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Paseo del Sol, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in Paseo del Sol in December 2024, up by 75.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 29% were sold at asking, and 43% were sold over asking.

Days on Market for Paseo del Sol, CA

How long does it take to sell a home in Paseo del Sol, CA?

Average Sale Time

Dec 2023Dec 2024CHANGE
13 Days27 Days+104.9%

Summary: Homes in Paseo del Sol had an average of 27 days on market in Dec 2024, up by 104.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Paseo del Sol are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 7 homes were sold in Paseo del Sol; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 14 Days Ago

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