Is Point Dume, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Point Dume is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Point Dume has remained a Buyer's Market.

Key Takeaway

Point Dume is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Point Dume, CA

How much do homes in Point Dume, CA cost?

Median Sold Price

$1,760,000

$1,735/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

-$740,000(-29.6%)

Key Takeaway

Homes in Point Dume have sold for 29.6% less than they did a month ago.

Summary: The median home sold price in Point Dume was $1,760,000 in September 2024, down 29.6% from last month, and the median price per square foot was $1,735.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 -$1.7M
N/A
3 $2.5M-
N/A
4 --
N/A
5+ --
N/A

Summary: Point Dume housing prices by bedroom type for September 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Point Dume, CA

How many homes are available in Point Dume, CA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
26260.0%

Summary: The Point Dume real estate market had 26 homes for sale in September 2024, the same as August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 44
0.0%
3 66
0.0%
4 55
0.0%
5+ 1111
0.0%

Summary: The Point Dume 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Point Dume, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Point Dume in September 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Point Dume, CA

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

Average Sale Time

Aug 2024Sep 2024CHANGE
35 Days27 Days-22.9%

Summary: Homes in Point Dume had an average of 27 days on market in Sep 2024, down by 22.9% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Point Dume are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 1 homes were sold in Point Dume; 100% of homes were sold within 30 days, 0% 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 26 Days Ago

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