Is Raymond, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Raymond is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Raymond has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Raymond, CA

How much do homes in Raymond, CA cost?

Median Sold Price

$404,500

$227/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$30,500(-7.0%)

Key Takeaway

Homes in Raymond have sold for 7% less than they did a year ago.

Summary: The median home sold price in Raymond was $404,500 in October 2024, down 7% from last year, and the median price per square foot was $227.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$75K
N/A
2 $400K-
N/A
3 $370K$424K
+14.6%
4 $660K-
N/A
5+ --
N/A

Summary: Raymond 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 did not change, 3 bedroom homes increased by 14.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Ahwahnee
+10.5%
Yosemite Lakes
+2.0%
Coarsegold
0.5%
Raymond
-7.0%

Housing Supply in Raymond, CA

How many homes are available in Raymond, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
811+37.5%

Summary: The Raymond real estate market had 11 homes for sale in October 2024, a 37.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 710
+42.9%
4 11
0.0%
5+ 00
0.0%

Summary: The Raymond 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 remained the same, 3 bedroom homes increased by 42.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Raymond, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Raymond in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Raymond, CA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
25 Days95 Days+280.0%

Summary: Homes in Raymond had an average of 95 days on market in Oct 2024, up by 280% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Raymond are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 1 homes were sold in Raymond; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 13 Days Ago

Newest Listings in Raymond, CA

Nearby Markets to Raymond, CA

What housing markets are near Raymond, CA?