$6,828 Closing Credit*
$575,000
864 SqFt
2 Beds
•1 Full Bath, 1 Partial
Dave Wallace, Listing Office: Keller Williams West Ventura County
Is Pierpont, 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, Pierpont was a Seller's Market.
Key Takeaway
Pierpont is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Pierpont, CA
How much do homes in Pierpont, CA cost?
Median Sold Price
$1,556,175
$909/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$176,325(-10.2%)
Key Takeaway
Homes in Pierpont have sold for 10.2% less than they did a year ago.
Summary: The median home sold price in Pierpont was $1,556,175 in September 2024, down 10.2% from last year, and the median price per square foot was $909.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $638K | $603K | -5.5% |
| 3 Bedrooms | $1.8M | $1.5M | -13.3% |
| 4 Bedrooms | $2.4M | $2.1M | -11.8% |
| 5+ Bedrooms | - | $1.6M | N/A |
Summary: Pierpont 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 5.5%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Midtown Ventura | $1.0M | $1.1M | +8.7% |
| Pierpont | $1.7M | $1.5M | -10.2% |
Housing Supply in Pierpont, CA
How many homes are available in Pierpont, CA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 30 | 29 | -3.3% |
Summary: The Pierpont real estate market had 29 homes for sale in September 2024, a 3.3% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 15 | 14 | -6.7% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Pierpont 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 6.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pierpont, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Pierpont in September 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Pierpont, CA
How long does it take to sell a home in Pierpont, CA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 26 Days | 62 Days | +136.4% |
Summary: Homes in Pierpont had an average of 62 days on market in Sep 2024, up by 136.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Pierpont are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 4 homes were sold in Pierpont; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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.