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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Redhawk is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Redhawk has remained a Seller's Market.

Key Takeaway

Redhawk is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Redhawk, CA

How much do homes in Redhawk, CA cost?

Median Sold Price

$808,000

$298/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$58,000(+7.7%)

Key Takeaway

Homes in Redhawk have sold for 7.7% more than they did a year ago.

Summary: The median home sold price in Redhawk was $808,000 in November 2024, up 7.7% from last year, and the median price per square foot was $298.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $522.5K$545K
+4.3%
3 $654.9K$750K
+14.5%
4 $766.2K$815K
+6.4%
5+ $850K$865K
+1.8%

Summary: Redhawk housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 14.5%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 1.8%.

Median Sold Price Compared To Nearby Neighborhoods

Wolf Creek
+8.4%
Redhawk
+7.7%
Vail Ranch
+6.8%

Housing Supply in Redhawk, CA

How many homes are available in Redhawk, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3731-16.2%

Summary: The Redhawk real estate market had 31 homes for sale in November 2024, a 16.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 66
0.0%
4 1915
-21.1%
5+ 1210
-16.7%

Summary: The Redhawk 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 21.1%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
118-27.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Redhawk, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Redhawk in November 2024, down by 27.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Redhawk, CA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
34 Days31 Days-7.5%

Summary: Homes in Redhawk had an average of 31 days on market in Nov 2024, down by 7.5% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 8 homes were sold in Redhawk; 50% of homes were sold within 30 days, 50% 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 17 Days Ago

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