Is Redwood Valley-Potter Valley, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Redwood Valley-Potter Valley is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, Redwood Valley-Potter Valley has remained a Neutral Market.

Key Takeaway

Redwood Valley-Potter Valley is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Redwood Valley-Potter Valley, CA

How much do homes in Redwood Valley-Potter Valley, CA cost?

Median Sold Price

$656,200

$345/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$186,450(+39.7%)

Key Takeaway

Homes in Redwood Valley-Potter Valley have sold for 39.7% more than they did a month ago.

Summary: The median home sold price in Redwood Valley-Potter Valley was $656,200 in November 2024, up 39.7% from last month, and the median price per square foot was $345.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $320K$350K
+9.4%
3 $469.7K$652.5K
+38.9%
4 $895K$820K
-8.4%
5+ -$1.0M
N/A

Summary: Redwood Valley-Potter Valley 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 increased by 9.4%, 3 bedroom homes increased by 38.9%, 4 bedroom homes decreased by 8.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Redwood Valley-Potter Valley
+39.7%
Redwood Valley
+9.5%

Housing Supply in Redwood Valley-Potter Valley, CA

How many homes are available in Redwood Valley-Potter Valley, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3839+2.6%

Summary: The Redwood Valley-Potter Valley real estate market had 39 homes for sale in November 2024, a 2.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 23
+50.0%
2 55
0.0%
3 1818
0.0%
4 1010
0.0%
5+ 33
0.0%

Summary: The Redwood Valley-Potter Valley housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
660.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Redwood Valley-Potter Valley, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Redwood Valley-Potter Valley in November 2024, the same as the previous month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.

Days on Market for Redwood Valley-Potter Valley, CA

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Redwood Valley-Potter Valley, CA

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