Is Sierra Vista / Westbrook, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sierra Vista / Westbrook is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Sierra Vista / Westbrook has remained a Seller's Market.

Key Takeaway

Sierra Vista / Westbrook is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Sierra Vista / Westbrook, CA

How much do homes in Sierra Vista / Westbrook, CA cost?

Median Sold Price

$567,937

$320/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$16,051(-2.7%)

Key Takeaway

Homes in Sierra Vista / Westbrook have sold for 2.7% less than they did a month ago.

Summary: The median home sold price in Sierra Vista / Westbrook was $567,937 in October 2024, down 2.7% from last month, and the median price per square foot was $320.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $600K$577.3K
-3.8%
4 $578.2K$567.1K
-1.9%
5+ $638.7K$649.4K
+1.7%

Summary: Sierra Vista / Westbrook housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes increased by 1.7%.

Housing Supply in Sierra Vista / Westbrook, CA

How many homes are available in Sierra Vista / Westbrook, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2416-33.3%

Summary: The Sierra Vista / Westbrook real estate market had 16 homes for sale in October 2024, a 33.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 53
-40.0%
4 1511
-26.7%
5+ 42
-50.0%

Summary: The Sierra Vista / Westbrook 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 remained the same, 3 bedroom homes decreased by 40%, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
85-37.5%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sierra Vista / Westbrook, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Sierra Vista / Westbrook in October 2024, down by 37.5% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for Sierra Vista / Westbrook, CA

How long does it take to sell a home in Sierra Vista / Westbrook, CA?

Average Sale Time

Sep 2024Oct 2024CHANGE
57 Days18 Days-68.4%

Summary: Homes in Sierra Vista / Westbrook had an average of 18 days on market in Oct 2024, down by 68.4% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sierra Vista / Westbrook are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in Sierra Vista / Westbrook; 20% of homes were sold within 30 days, 0% 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 18 Days Ago

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