$7,480 Closing Credit*
$629,925
2,381 SqFt
5 Beds
•3 Full Baths
Randy Anderson, Listing Office: Richmond American Homes of Maryland, Inc
Is Spanos Park West, 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, Spanos Park West was a Buyer's Market.
Key Takeaway
Spanos Park West is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Spanos Park West, CA
How much do homes in Spanos Park West, CA cost?
Median Sold Price
$582,298
$260/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$13,702(-2.3%)
Key Takeaway
Homes in Spanos Park West have sold for 2.3% less than they did a year ago.
Summary: The median home sold price in Spanos Park West was $582,298 in September 2024, down 2.3% from last year, and the median price per square foot was $260.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $600K | $583K | -2.8% |
| 4 Bedrooms | $570K | $564.4K | -1.0% |
| 5+ Bedrooms | $674.7K | $630K | -6.6% |
Summary: Spanos Park West 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 decreased by 2.8%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes decreased by 6.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Spanos Park West | $596K | $582.2K | -2.3% |
| Spanos Park East | $580K | $550K | -5.2% |
Housing Supply in Spanos Park West, CA
How many homes are available in Spanos Park West, CA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 27 | 21 | -22.2% |
Summary: The Spanos Park West real estate market had 21 homes for sale in September 2024, a 22.2% decrease compared to 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 | 4 | 6 | +50.0% |
| 4 Bedrooms | 13 | 9 | -30.8% |
| 5+ Bedrooms | 10 | 6 | -40.0% |
Summary: The Spanos Park West 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 increased by 50%, 4 bedroom homes decreased by 30.8%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 10 | 3 | -70.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Spanos Park West, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Spanos Park West in September 2024, down by 70.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.
Days on Market for Spanos Park West, CA
We’re sorry, we don't have information for this market at the moment
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