$9,302 Closing Credit*
$783,300
2,087 SqFt
3 Beds
•2 Full Baths, 1 Partial
Catmy Bui, Listing Office: Providential Investments
Is Penngrove, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Penngrove has remained a Seller's Market.
Key Takeaway
Penngrove is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Penngrove, CA
How much do homes in Penngrove, CA cost?
Median Sold Price
$760,225
$385/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$89,775(-10.6%)
Key Takeaway
Homes in Penngrove have sold for 10.6% less than they did a month ago.
Summary: The median home sold price in Penngrove was $760,225 in November 2024, down 10.6% from last month, and the median price per square foot was $385.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $1.1M | $720.2K | -38.7% |
| 4 Bedrooms | $815K | $910.5K | +11.7% |
| 5+ Bedrooms | - | - | N/A |
Summary: Penngrove housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 38.7%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Glen Ellen | $683.7K | $2.3M | +243.7% |
| Penngrove | $850K | $760.2K | -10.6% |
Housing Supply in Penngrove, CA
How many homes are available in Penngrove, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 21 | +10.5% |
Summary: The Penngrove real estate market had 21 homes for sale in November 2024, a 10.5% increase 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 | 2 | 3 | +50.0% |
| 3 Bedrooms | 12 | 11 | -8.3% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Penngrove 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 increased by 50%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Penngrove, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Penngrove in November 2024, up by 20.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Penngrove, CA
We’re sorry, we don't have information for this market at the moment
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