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 October 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

$800,000

$299/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$51,750(+6.9%)

Key Takeaway

Homes in Redhawk have sold for 6.9% more than they did a year ago.

Summary: The median home sold price in Redhawk was $800,000 in October 2024, up 6.9% from last year, and the median price per square foot was $299.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $515K$537.5K
+4.4%
3 $654.9K$736K
+12.4%
4 $757.5K$830K
+9.6%
5+ $855K$857.5K
0.3%

Summary: Redhawk 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 increased by 4.4%, 3 bedroom homes increased by 12.4%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes increased by 0.3%.

Median Sold Price Compared To Nearby Neighborhoods

Wolf Creek
+8.2%
Redhawk
+6.9%
Vail Ranch
+5.2%

Housing Supply in Redhawk, CA

How many homes are available in Redhawk, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
36360.0%

Summary: The Redhawk real estate market had 36 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 55
0.0%
4 2018
-10.0%
5+ 1113
+18.2%

Summary: The Redhawk 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 remained the same, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 18.2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
711+57.1%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 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. 72.7% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Redhawk in October 2024, up by 57.1% month-over-month. Of the 11 sold homes, 73% were sold under asking, 27% were sold at asking, and 0% 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

Oct 2023Oct 2024CHANGE
30 Days29 Days-5.7%

Summary: Homes in Redhawk had an average of 29 days on market in Oct 2024, down by 5.7% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 October 2024, 11 homes were sold in Redhawk; 64% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 9% 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 14 Days Ago

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