$10,000 Closing Credit*
$1,019,000
2,884 SqFt
4 Beds
•2 Full Baths, 1 Partial
Amy Justice, Listing Office: The Agents Central Coast
Is Santa Maria, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Santa Maria has remained a Seller's Market.
Key Takeaway
Santa Maria is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Santa Maria, CA
How much do homes in Santa Maria, CA cost?
Median Sold Price
$665,199
$384/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$52,699(+8.6%)
Key Takeaway
Homes in Santa Maria have sold for 8.6% more than they did a year ago.
Summary: The median home sold price in Santa Maria was $665,199 in November 2024, up 8.6% from last year, and the median price per square foot was $384.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $279K | $299K | +7.2% |
| 2 Bedrooms | $450K | $440K | -2.2% |
| 3 Bedrooms | $600K | $645K | +7.5% |
| 4 Bedrooms | $699K | $730K | +4.4% |
| 5+ Bedrooms | $773K | $800K | +3.5% |
Summary: Santa Maria housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.2%, 2 bedroom homes decreased by 2.2%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 3.5%.
Housing Supply in Santa Maria, CA
How many homes are available in Santa Maria, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 170 | 153 | -10.0% |
Summary: The Santa Maria real estate market had 153 homes for sale in November 2024, a 10.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 26 | 24 | -7.7% |
| 3 Bedrooms | 82 | 76 | -7.3% |
| 4 Bedrooms | 47 | 37 | -21.3% |
| 5+ Bedrooms | 13 | 13 | 0.0% |
Summary: The Santa Maria 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 decreased by 7.7%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes decreased by 21.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 53 | 39 | -26.4% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Santa Maria, you may be able to get a good deal. 35.9% of homes here sold below asking price last month.
Summary: A total of 39 homes were sold or pending in Santa Maria in November 2024, down by 26.4% month-over-month. Of the 39 sold homes, 36% were sold under asking, 28% were sold at asking, and 36% were sold over asking.
Days on Market for Santa Maria, CA
How long does it take to sell a home in Santa Maria, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 19 Days | -14.0% |
Summary: Homes in Santa Maria had an average of 19 days on market in Nov 2024, down by 14% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Santa Maria are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 39 homes were sold in Santa Maria; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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