$3,028 Closing Credit*
$254,999
792 SqFt
1 Bed
•1 Full Bath
RODRIGO MELGOZA, Listing Office: CENTURY 21 REALTY MASTERS
Is Reche Canyon, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Reche Canyon has remained a Seller's Market.
Key Takeaway
Reche Canyon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Reche Canyon, CA
How much do homes in Reche Canyon, CA cost?
Median Sold Price
$684,750
$316/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$215,350(-23.9%)
Key Takeaway
Homes in Reche Canyon have sold for 23.9% less than they did a month ago.
Summary: The median home sold price in Reche Canyon was $684,750 in November 2024, down 23.9% from last month, and the median price per square foot was $316.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $324K | - | N/A |
| 3 Bedrooms | $620K | $650K | +4.8% |
| 4 Bedrooms | $997K | $702K | -29.6% |
| 5+ Bedrooms | $900.1K | - | N/A |
Summary: Reche Canyon housing prices by bedroom type for November 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 increased by 4.8%, 4 bedroom homes decreased by 29.6%, and 5+ bedroom homes did not change.
Housing Supply in Reche Canyon, CA
How many homes are available in Reche Canyon, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 16 | -20.0% |
Summary: The Reche Canyon real estate market had 16 homes for sale in November 2024, a 20.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 9 | 7 | -22.2% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Reche Canyon 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 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Reche Canyon, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Reche Canyon in November 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Reche Canyon, CA
How long does it take to sell a home in Reche Canyon, CA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 Days | 85 Days | +197.7% |
Summary: Homes in Reche Canyon had an average of 85 days on market in Nov 2024, up by 197.7% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Reche Canyon are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 4 homes were sold in Reche Canyon; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% 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.