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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sequoyah is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Sequoyah, CA

How much do homes in Sequoyah, CA cost?

Median Sold Price

$1,192,500

$529/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$250,000(+26.5%)

Key Takeaway

Homes in Sequoyah have sold for 26.5% more than they did a year ago.

Summary: The median home sold price in Sequoyah was $1,192,500 in September 2024, up 26.5% from last year, and the median price per square foot was $529.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $465K$458K
-1.5%
2 $592.5K$515K
-13.1%
3 $967.5K$1.1M
+23.5%
4 $1.2M$1.3M
+8.9%
5+ $2.4M$1.2M
-48.6%

Summary: Sequoyah housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.5%, 2 bedroom homes decreased by 13.1%, 3 bedroom homes increased by 23.5%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes decreased by 48.6%.

Median Sold Price Compared To Nearby Neighborhoods

Sequoyah
+26.5%
Oak Knoll Golf Links
+2.7%
Skyline-Hillcrest Estates
-14.5%

Housing Supply in Sequoyah, CA

How many homes are available in Sequoyah, CA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2123+9.5%

Summary: The Sequoyah real estate market had 23 homes for sale in September 2024, a 9.5% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 22
0.0%
2 46
+50.0%
3 55
0.0%
4 99
0.0%
5+ 11
0.0%

Summary: The Sequoyah housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
95-44.4%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sequoyah, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Sequoyah in September 2024, down by 44.4% month-over-month. Of the 5 sold homes, 0% were sold under asking, 40% were sold at asking, and 60% were sold over asking.

Days on Market for Sequoyah, CA

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

Average Sale Time

Sep 2023Sep 2024CHANGE
26 Days30 Days+16.2%

Summary: Homes in Sequoyah had an average of 30 days on market in Sep 2024, up by 16.2% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 5 homes were sold in Sequoyah; 60% of homes were sold within 30 days, 40% 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 26 Days Ago

Newest Listings in Sequoyah, CA

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