$7,113 Closing Credit*
$599,000
1,336 SqFt
2 Beds
•1 Full Bath
Valerie Medina, Listing Office: Trust Properties USA
Is Seven Oaks, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Seven Oaks has remained a Seller's Market.
Key Takeaway
Seven Oaks is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Seven Oaks, CA
How much do homes in Seven Oaks, CA cost?
Median Sold Price
$831,000
$596/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$11,000(+1.3%)
Key Takeaway
Homes in Seven Oaks have sold for 1.3% more than they did a year ago.
Summary: The median home sold price in Seven Oaks was $831,000 in October 2024, up 1.3% from last year, and the median price per square foot was $596.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $428K | $525K | +22.7% |
| 2 Bedrooms | $815.5K | $785K | -3.7% |
| 3 Bedrooms | $833K | $1.0M | +20.0% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Seven Oaks housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.7%, 2 bedroom homes decreased by 3.7%, 3 bedroom homes increased by 20%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Northeastern San Diego | $951.7K | $1.0M | +10.0% |
| Seven Oaks | $820K | $831K | +1.3% |
| Rancho Bernardo | $881K | $890.8K | +1.1% |
Housing Supply in Seven Oaks, CA
How many homes are available in Seven Oaks, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 24 | +20.0% |
Summary: The Seven Oaks real estate market had 24 homes for sale in October 2024, a 20.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 16 | 18 | +12.5% |
| 3 Bedrooms | 4 | 6 | +50.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Seven Oaks housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 8 | +60.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Seven Oaks, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Seven Oaks in October 2024, up by 60.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.
Days on Market for Seven Oaks, CA
How long does it take to sell a home in Seven Oaks, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 11 Days | 19 Days | +66.1% |
Summary: Homes in Seven Oaks had an average of 19 days on market in Oct 2024, up by 66.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Seven Oaks are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Seven Oaks; 88% of homes were sold within 30 days, 13% 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.