$4,501 Closing Credit*
$379,000
633 SqFt
1 Bed
•1 Full Bath
Matt Tapscott, Listing Office: Expoint Realty
Is South of Movie Colony, 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, South of Movie Colony was a Seller's Market.
Key Takeaway
South of Movie Colony is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in South of Movie Colony, CA
How much do homes in South of Movie Colony, CA cost?
Median Sold Price
$518,250
$406/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$1,750(-0.3%)
Key Takeaway
The sold price of homes in South of Movie Colony has remained the same since last year.
Summary: The median home sold price in South of Movie Colony was $518,250 in September 2024, down 0.3% from last year, and the median price per square foot was $406.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $300K | $280K | -6.7% |
| 2 Bedrooms | $544K | $525K | -3.5% |
| 3 Bedrooms | $770K | $770K | 0.0% |
| 4 Bedrooms | $1.4M | $689K | -52.5% |
| 5+ Bedrooms | - | - | N/A |
Summary: South of Movie Colony housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.7%, 2 bedroom homes decreased by 3.5%, 3 bedroom homes did not change, 4 bedroom homes decreased by 52.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Sunrise Park | $975K | $1.0M | +6.6% |
| Movie Colony East | $1.1M | $1.2M | +4.3% |
| South of Movie Colony | $520K | $518.2K | -0.3% |
Housing Supply in South of Movie Colony, CA
How many homes are available in South of Movie Colony, CA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 30 | 31 | +3.3% |
Summary: The South of Movie Colony real estate market had 31 homes for sale in September 2024, a 3.3% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 6 | -25.0% |
| 2 Bedrooms | 14 | 17 | +21.4% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The South of Movie Colony housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 21.4%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South of Movie Colony, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in South of Movie Colony in September 2024, down by 42.9% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for South of Movie Colony, CA
How long does it take to sell a home in South of Movie Colony, CA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 31 Days | 61 Days | +98.4% |
Summary: Homes in South of Movie Colony had an average of 61 days on market in Sep 2024, up by 98.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in South of Movie Colony are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 4 homes were sold in South of Movie Colony; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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.