Is Spanos Park West, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Spanos Park West is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Spanos Park West has remained a Seller's Market.

Key Takeaway

Spanos Park West is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Spanos Park West, CA

How much do homes in Spanos Park West, CA cost?

Median Sold Price

$583,076

$258/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$1,372(-0.2%)

Key Takeaway

The sold price of homes in Spanos Park West has remained the same since last year.

Summary: The median home sold price in Spanos Park West was $583,076 in November 2024, down 0.2% from last year, and the median price per square foot was $258.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $583.9K$566.5K
-3.0%
4 $557.5K$565K
+1.3%
5+ $649.5K$646.1K
-0.5%

Summary: Spanos Park West housing prices by bedroom type for November 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 3%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes decreased by 0.5%.

Housing Supply in Spanos Park West, CA

How many homes are available in Spanos Park West, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2821-25.0%

Summary: The Spanos Park West real estate market had 21 homes for sale in November 2024, a 25.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 85
-37.5%
4 109
-10.0%
5+ 107
-30.0%

Summary: The Spanos Park West 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 37.5%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 30%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
710+42.9%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Spanos Park West, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Summary: A total of 10 homes were sold or pending in Spanos Park West in November 2024, up by 42.9% month-over-month. Of the 10 sold homes, 20% were sold under asking, 60% were sold at asking, and 20% 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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Spanos Park West, CA

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