Is Pearblossom, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pearblossom is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Pearblossom has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Pearblossom, CA

How much do homes in Pearblossom, CA cost?

Median Sold Price

$465,990

$222/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$24,010(-4.9%)

Key Takeaway

Homes in Pearblossom have sold for 4.9% less than they did a month ago.

Summary: The median home sold price in Pearblossom was $465,990 in October 2024, down 4.9% from last month, and the median price per square foot was $222.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $325K$300K
-7.7%
2 --
N/A
3 $500K$599.9K
+20.0%
4 $507.5K$465.9K
-8.2%
5+ --
N/A

Summary: Pearblossom housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 7.7%, 2 bedroom homes did not change, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 8.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Llano
+6.2%
Pearblossom
-4.9%

Housing Supply in Pearblossom, CA

How many homes are available in Pearblossom, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
106-40.0%

Summary: The Pearblossom real estate market had 6 homes for sale in October 2024, a 40.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 01
+100.0%
3 53
-40.0%
4 31
-66.7%
5+ 00
0.0%

Summary: The Pearblossom housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 40%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pearblossom, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Pearblossom in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for Pearblossom, CA

How long does it take to sell a home in Pearblossom, CA?

Average Sale Time

Sep 2024Oct 2024CHANGE
12 Days38 Days+216.7%

Summary: Homes in Pearblossom had an average of 38 days on market in Oct 2024, up by 216.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Pearblossom has remained consistent over time.

Summary: During October 2024, 3 homes were sold in Pearblossom; 33% of homes were sold within 30 days, 67% 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 22 Days Ago

Newest Listings in Pearblossom, CA

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