Is Sierra Sky Park, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sierra Sky Park is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Sierra Sky Park has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Sierra Sky Park, CA

How much do homes in Sierra Sky Park, CA cost?

Median Sold Price

$490,000

$251/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$47,500(+10.7%)

Key Takeaway

Homes in Sierra Sky Park have sold for 10.7% more than they did a year ago.

Summary: The median home sold price in Sierra Sky Park was $490,000 in November 2024, up 10.7% from last year, and the median price per square foot was $251.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $360.5K$389.9K
+8.2%
3 $417K$427.4K
+2.5%
4 $545K$552K
+1.3%
5+ $585K$675K
+15.4%

Summary: Sierra Sky Park 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 increased by 8.2%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 15.4%.

Median Sold Price Compared To Nearby Neighborhoods

Sierra Sky Park
+10.7%
Van Ness Extension
+2.7%
Bullard
+2.5%

Housing Supply in Sierra Sky Park, CA

How many homes are available in Sierra Sky Park, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5554-1.8%

Summary: The Sierra Sky Park real estate market had 54 homes for sale in November 2024, a 1.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 2424
0.0%
4 1815
-16.7%
5+ 910
+11.1%

Summary: The Sierra Sky Park 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 25%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 11.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
11110.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sierra Sky Park, you may be able to get a good deal. 36.4% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Sierra Sky Park in November 2024, the same as the previous month. Of the 11 sold homes, 36% were sold under asking, 27% were sold at asking, and 36% were sold over asking.

Days on Market for Sierra Sky Park, CA

How long does it take to sell a home in Sierra Sky Park, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
21 Days42 Days+98.2%

Summary: Homes in Sierra Sky Park had an average of 42 days on market in Nov 2024, up by 98.2% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 11 homes were sold in Sierra Sky Park; 55% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 18% 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 21 Days Ago

Newest Listings in Sierra Sky Park, CA

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