Is Planada-Le Grand, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Planada-Le Grand is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Planada-Le Grand has remained a Seller's Market.

Key Takeaway

Planada-Le Grand is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Planada-Le Grand, CA

How much do homes in Planada-Le Grand, CA cost?

Median Sold Price

$300,000

$254/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$30,000(+11.1%)

Key Takeaway

Homes in Planada-Le Grand have sold for 11.1% more than they did a year ago.

Summary: The median home sold price in Planada-Le Grand was $300,000 in October 2024, up 11.1% from last year, and the median price per square foot was $254.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $240K$283K
+17.9%
3 $277.5K$295K
+6.3%
4 $300K$312.2K
+4.1%
5+ $315K-
N/A

Summary: Planada-Le Grand housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17.9%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Planada
+13.5%
Planada-Le Grand
+11.1%

Housing Supply in Planada-Le Grand, CA

How many homes are available in Planada-Le Grand, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1415+7.1%

Summary: The Planada-Le Grand real estate market had 15 homes for sale in October 2024, a 7.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 69
+50.0%
4 54
-20.0%
5+ 00
0.0%

Summary: The Planada-Le Grand housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Planada-Le Grand, 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 Planada-Le Grand in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.

Days on Market for Planada-Le Grand, CA

How long does it take to sell a home in Planada-Le Grand, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
2 Days25 Days+926.7%

Summary: Homes in Planada-Le Grand had an average of 25 days on market in Oct 2024, up by 926.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Planada-Le Grand are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in Planada-Le Grand; 67% of homes were sold within 30 days, 33% 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 16 Days Ago

Newest Listings in Planada-Le Grand, CA

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