$6,401 Closing Credit*
$539,000
1,305 SqFt
3 Beds
•2 Full Baths, 1 Partial
Shawna Ryder, Listing Office: Ryder Real Estate Services
Is San Miguel, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, San Miguel was a Seller's Market.
Key Takeaway
San Miguel 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 San Miguel, CA
How much do homes in San Miguel, CA cost?
Median Sold Price
$600,000
$395/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$32,500(+5.7%)
Key Takeaway
Homes in San Miguel have sold for 5.7% more than they did a year ago.
Summary: The median home sold price in San Miguel was $600,000 in November 2024, up 5.7% from last year, and the median price per square foot was $395.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $452.5K | $690K | +52.5% |
| 3 Bedrooms | $522.5K | $554K | +6.0% |
| 4 Bedrooms | $952.5K | $617K | -35.2% |
| 5+ Bedrooms | $4.5M | $1.3M | -71.6% |
Summary: San Miguel 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 52.5%, 3 bedroom homes increased by 6%, 4 bedroom homes decreased by 35.2%, and 5+ bedroom homes decreased by 71.6%.
Median Sold Price Compared To Nearby Cities
| El Paso de Robles (Paso Robles) | $682.5K | $735K | +7.7% |
| Bradley | $560K | $599K | +7.0% |
| Paso Robles | $679.3K | $721K | +6.1% |
| San Miguel | $567.5K | $600K | +5.7% |
| San Ardo | $625K | $599.4K | -4.1% |
Housing Supply in San Miguel, CA
How many homes are available in San Miguel, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 12 | +9.1% |
Summary: The San Miguel real estate market had 12 homes for sale in November 2024, a 9.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The San Miguel housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in San Miguel, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in San Miguel in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for San Miguel, CA
How long does it take to sell a home in San Miguel, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 31 Days | 9 Days | -71.0% |
Summary: Homes in San Miguel had an average of 9 days on market in Nov 2024, down by 71% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in San Miguel are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in San Miguel; 100% of homes were sold within 30 days, 0% 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.