$10,000 Closing Credit*
$949,000
2,845 SqFt
4 Beds
•2 Baths
Danny Grubb, Listing Office: Real Broker
Is Shaver Lake, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Shaver Lake was a Seller's Market.
Key Takeaway
Shaver Lake is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Shaver Lake, CA
How much do homes in Shaver Lake, CA cost?
Median Sold Price
$642,500
$381/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$47,500(-6.9%)
Key Takeaway
Homes in Shaver Lake have sold for 6.9% less than they did a year ago.
Summary: The median home sold price in Shaver Lake was $642,500 in September 2024, down 6.9% from last year, and the median price per square foot was $381.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $250K | $236.5K | -5.4% |
| 2 Bedrooms | $450K | $370K | -17.8% |
| 3 Bedrooms | $690K | $600K | -13.0% |
| 4 Bedrooms | $800K | $780K | -2.5% |
| 5+ Bedrooms | $900K | $1.4M | +55.6% |
Summary: Shaver Lake housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.4%, 2 bedroom homes decreased by 17.8%, 3 bedroom homes decreased by 13%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes increased by 55.6%.
Median Sold Price Compared To Nearby Cities
| Sierra | $450K | $495K | +10.0% |
| Shaver Lake | $690K | $642.5K | -6.9% |
Housing Supply in Shaver Lake, CA
How many homes are available in Shaver Lake, CA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 63 | 63 | 0.0% |
Summary: The Shaver Lake real estate market had 63 homes for sale in September 2024, the same as August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 10 | 12 | +20.0% |
| 3 Bedrooms | 26 | 22 | -15.4% |
| 4 Bedrooms | 11 | 10 | -9.1% |
| 5+ Bedrooms | 11 | 14 | +27.3% |
Summary: The Shaver Lake 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 20%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 27.3%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shaver Lake, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Shaver Lake in September 2024, down by 14.3% month-over-month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Shaver Lake, CA
How long does it take to sell a home in Shaver Lake, CA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 63 Days | 85 Days | +33.9% |
Summary: Homes in Shaver Lake had an average of 85 days on market in Sep 2024, up by 33.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Shaver Lake has remained consistent over time.
Summary: During September 2024, 6 homes were sold in Shaver Lake; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% 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.