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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rosedale is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Rosedale was a Neutral Market.

Key Takeaway

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

Housing Prices in Rosedale, CA

How much do homes in Rosedale, CA cost?

Median Sold Price

$455,000

$243/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$22,500(-4.7%)

Key Takeaway

Homes in Rosedale have sold for 4.7% less than they did a month ago.

Summary: The median home sold price in Rosedale was $455,000 in November 2024, down 4.7% from last month, and the median price per square foot was $243.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $370K$424K
+14.6%
4 $607.5K$451.2K
-25.7%
5+ $1.4M$1.0M
-30.7%

Summary: Rosedale 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 14.6%, 4 bedroom homes decreased by 25.7%, and 5+ bedroom homes decreased by 30.7%.

Median Sold Price Compared To Nearby Cities

Bakersfield
+4.5%
Rosedale
-4.7%

Housing Supply in Rosedale, CA

How many homes are available in Rosedale, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5152+2.0%

Summary: The Rosedale real estate market had 52 homes for sale in November 2024, a 2.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1917
-10.5%
4 2022
+10.0%
5+ 1112
+9.1%

Summary: The Rosedale 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 decreased by 10.5%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 9.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
815+87.5%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rosedale, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Rosedale in November 2024, up by 87.5% month-over-month. Of the 15 sold homes, 53% were sold under asking, 27% were sold at asking, and 20% were sold over asking.

Days on Market for Rosedale, CA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
32 Days29 Days-8.4%

Summary: Homes in Rosedale had an average of 29 days on market in Nov 2024, down by 8.4% compared to last month.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 15 homes were sold in Rosedale; 53% of homes were sold within 30 days, 47% 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

Newest Listings in Rosedale, CA

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