$6,353 Closing Credit*
$535,000
1,477 SqFt
3 Beds
•2 Full Baths
John Joseph Miranda, Listing Office: John Joseph Miranda, Broker
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
$900,100
$316/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$505,100(+127.9%)
Key Takeaway
Homes in Reche Canyon have sold for 127.9% more than they did a month ago.
Summary: The median home sold price in Reche Canyon was $900,100 in October 2024, up 127.9% from last month, and the median price per square foot was $316.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $205K | - | N/A |
| 2 Bedrooms | $330K | $324K | -1.8% |
| 3 Bedrooms | $395K | $620K | +57.0% |
| 4 Bedrooms | $719.5K | $997K | +38.6% |
| 5+ Bedrooms | - | $900.1K | N/A |
Summary: Reche Canyon housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.8%, 3 bedroom homes increased by 57%, 4 bedroom homes increased by 38.6%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 18 | -21.7% |
Summary: The Reche Canyon real estate market had 18 homes for sale in October 2024, a 21.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 10 | 7 | -30.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Reche Canyon 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 25%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Reche Canyon, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Reche Canyon in October 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 28 Days | +5.1% |
Summary: Homes in Reche Canyon had an average of 28 days on market in Oct 2024, up by 5.1% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Reche Canyon has remained consistent over time.
Summary: During October 2024, 5 homes were sold in Reche Canyon; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% 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.