$4,395,000
68.39 Acres
Land
Scott Dunbar, Listing Office: The Dunbar Group
Is Somis, 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, Somis was a Seller's Market.
Key Takeaway
Somis is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Somis, CA
How much do homes in Somis, CA cost?
Median Sold Price
$2,200,000
$500/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$565,000(+34.6%)
Key Takeaway
Homes in Somis have sold for 34.6% more than they did a year ago.
Summary: The median home sold price in Somis was $2,200,000 in September 2024, up 34.6% from last year, and the median price per square foot was $500.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $1.2M | N/A |
| 3 Bedrooms | $1.6M | $3.0M | +78.2% |
| 4 Bedrooms | $1.3M | $1.8M | +38.7% |
| 5+ Bedrooms | $2.1M | $2.1M | -1.0% |
Summary: Somis housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 78.2%, 4 bedroom homes increased by 38.7%, and 5+ bedroom homes decreased by 1%.
Housing Supply in Somis, CA
How many homes are available in Somis, CA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 19 | 19 | 0.0% |
Summary: The Somis real estate market had 19 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 | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 3 | -40.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 12 | 14 | +16.7% |
Summary: The Somis 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 remained the same, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Somis, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Somis in September 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Somis, CA
How long does it take to sell a home in Somis, CA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 9 Days | 157 Days | +1552.6% |
Summary: Homes in Somis had an average of 157 days on market in Sep 2024, up by 1552.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Somis has remained consistent over time.
Summary: During September 2024, 2 homes were sold in Somis; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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.