$10,000 Closing Credit*
$1,599,900
1,926 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
$1,519,000
$792/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$141,000(-8.5%)
Key Takeaway
Homes in Soquel have sold for 8.5% less than they did a month ago.
Summary: The median home sold price in Soquel was $1,519,000 in October 2024, down 8.5% from last month, and the median price per square foot was $792.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $1.5M | $1.5M | +1.3% |
| 4 Bedrooms | $1.6M | $1.4M | -10.8% |
| 5+ Bedrooms | $1.8M | $2.5M | +39.0% |
Summary: Soquel 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 increased by 1.3%, 4 bedroom homes decreased by 10.8%, and 5+ bedroom homes increased by 39%.
Housing Supply in Soquel, CA
How many homes are available in Soquel, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 27 | +12.5% |
Summary: The Soquel real estate market had 27 homes for sale in October 2024, a 12.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 11 | 14 | +27.3% |
| 4 Bedrooms | 5 | 2 | -60.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Soquel housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 27.3%, 4 bedroom homes decreased by 60%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 8 | +60.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Soquel, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Soquel in October 2024, up by 60.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 37 Days | +132.8% |
Summary: Homes in Soquel had an average of 37 days on market in Oct 2024, up by 132.8% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Soquel are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Soquel; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% 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.