Is Rancho de Los Alisos, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rancho de Los Alisos is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Rancho de Los Alisos has remained a Seller's Market.

Key Takeaway

Rancho de Los Alisos is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Rancho de Los Alisos, CA

How much do homes in Rancho de Los Alisos, CA cost?

Median Sold Price

$675,000

$605/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$5,000(-0.7%)

Key Takeaway

Homes in Rancho de Los Alisos have sold for 0.7% less than they did a year ago.

Summary: The median home sold price in Rancho de Los Alisos was $675,000 in November 2024, down 0.7% from last year, and the median price per square foot was $605.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $420K$455K
+8.3%
2 $564.5K$590K
+4.5%
3 $920.5K$1.1M
+27.8%
4 $1.3M$1.5M
+11.2%
5+ $1.5M$1.8M
+14.6%

Summary: Rancho de Los Alisos housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.3%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 27.8%, 4 bedroom homes increased by 11.2%, and 5+ bedroom homes increased by 14.6%.

Median Sold Price Compared To Nearby Neighborhoods

Foothill Ranch
+31.3%
Baker Ranch
+5.2%
Rancho de Los Alisos
-0.7%

Housing Supply in Rancho de Los Alisos, CA

How many homes are available in Rancho de Los Alisos, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4440-9.1%

Summary: The Rancho de Los Alisos real estate market had 40 homes for sale in November 2024, a 9.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 2016
-20.0%
3 88
0.0%
4 99
0.0%
5+ 44
0.0%

Summary: The Rancho de Los Alisos 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 decreased by 20%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1116+45.5%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rancho de Los Alisos, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.

Summary: A total of 16 homes were sold or pending in Rancho de Los Alisos in November 2024, up by 45.5% month-over-month. Of the 16 sold homes, 31% were sold under asking, 6% were sold at asking, and 63% were sold over asking.

Days on Market for Rancho de Los Alisos, CA

How long does it take to sell a home in Rancho de Los Alisos, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
37 Days28 Days-23.5%

Summary: Homes in Rancho de Los Alisos had an average of 28 days on market in Nov 2024, down by 23.5% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Rancho de Los Alisos are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 16 homes were sold in Rancho de Los Alisos; 81% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 13% 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 17 Days Ago

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