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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing SBHS is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, SBHS has remained a Seller's Market.

Key Takeaway

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

Housing Prices in SBHS, CA

How much do homes in SBHS, CA cost?

Median Sold Price

$440,000

$315/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$35,000(+8.6%)

Key Takeaway

Homes in SBHS have sold for 8.6% more than they did a year ago.

Summary: The median home sold price in SBHS was $440,000 in November 2024, up 8.6% from last year, and the median price per square foot was $315.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$224.8K
N/A
2 $405K$400K
-1.2%
3 $402.5K$430K
+6.8%
4 -$532.5K
N/A
5+ $725K-
N/A

Summary: SBHS 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 decreased by 1.2%, 3 bedroom homes increased by 6.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

SBHS
+8.6%
Arrowview
+7.3%

Housing Supply in SBHS, CA

How many homes are available in SBHS, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1214+16.7%

Summary: The SBHS real estate market had 14 homes for sale in November 2024, a 16.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 45
+25.0%
4 33
0.0%
5+ 22
0.0%

Summary: The SBHS 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 33.3%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in SBHS, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in SBHS in November 2024, up by 300.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for SBHS, CA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
24 Days31 Days+29.2%

Summary: Homes in SBHS had an average of 31 days on market in Nov 2024, up by 29.2% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 4 homes were sold in SBHS; 75% of homes were sold within 30 days, 25% 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 3 Days Ago

Newest Listings in SBHS, CA

Nearby Markets to SBHS, CA