$5,641 Closing Credit*
$475,000
746 SqFt
1 Bed
•1 Full Bath
Melissa Case, Listing Office: BHG RE Reliance Partners
Is Saranap, 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, Saranap has remained a Seller's Market.
Key Takeaway
Saranap is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Saranap, CA
How much do homes in Saranap, CA cost?
Median Sold Price
$1,475,000
$789/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$150,000(+11.3%)
Key Takeaway
Homes in Saranap have sold for 11.3% more than they did a year ago.
Summary: The median home sold price in Saranap was $1,475,000 in November 2024, up 11.3% from last year, and the median price per square foot was $789.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $505K | $500K | -1.0% |
| 2 Bedrooms | $617.5K | $617K | -0.1% |
| 3 Bedrooms | $1.3M | $1.3M | +1.2% |
| 4 Bedrooms | $1.5M | $2.0M | +30.2% |
| 5+ Bedrooms | $3.4M | $2.5M | -25.4% |
Summary: Saranap housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1%, 2 bedroom homes decreased by 0.1%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 30.2%, and 5+ bedroom homes decreased by 25.4%.
Housing Supply in Saranap, CA
How many homes are available in Saranap, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 21 | +5.0% |
Summary: The Saranap real estate market had 21 homes for sale in November 2024, a 5.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 9 | +50.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 8 | 5 | -37.5% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Saranap 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 increased by 50%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 9 | +80.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Saranap, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Saranap in November 2024, up by 80.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.
Days on Market for Saranap, CA
How long does it take to sell a home in Saranap, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 14 Days | 22 Days | +57.4% |
Summary: Homes in Saranap had an average of 22 days on market in Nov 2024, up by 57.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Saranap are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in Saranap; 56% of homes were sold within 30 days, 44% 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. 
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