$10,000 Closing Credit*
$1,599,900
2,130 SqFt
3 Beds
•2 Full Baths, 1 Partial
Darren Houser, Listing Office: Bailey Properties
Is Soquel, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Soquel has remained a Seller's Market.
Key Takeaway
Soquel is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Soquel, CA
How much do homes in Soquel, CA cost?
Median Sold Price
$1,082,500
$814/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$436,500(-28.7%)
Key Takeaway
Homes in Soquel have sold for 28.7% less than they did a month ago.
Summary: The median home sold price in Soquel was $1,082,500 in November 2024, down 28.7% from last month, and the median price per square foot was $814.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $307K | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $1.5M | $1.2M | -17.7% |
| 4 Bedrooms | $1.4M | - | N/A |
| 5+ Bedrooms | $2.5M | - | N/A |
Summary: Soquel housing prices by bedroom type for November 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 17.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Soquel, CA
How many homes are available in Soquel, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 19 | -13.6% |
Summary: The Soquel real estate market had 19 homes for sale in November 2024, a 13.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 10 | 7 | -30.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Soquel 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 remained the same, 3 bedroom homes decreased by 30%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Soquel, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Soquel in November 2024, down by 42.9% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Soquel, CA
How long does it take to sell a home in Soquel, CA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 40 Days | 10 Days | -73.8% |
Summary: Homes in Soquel had an average of 10 days on market in Nov 2024, down by 73.8% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Soquel are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Soquel; 100% 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.
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.