Is Springville-Johnsondale, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Springville-Johnsondale is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Springville-Johnsondale has remained a Buyer's Market.

Key Takeaway

Springville-Johnsondale is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Springville-Johnsondale, CA

How much do homes in Springville-Johnsondale, CA cost?

Median Sold Price

$310,000

$280/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$10,000(-3.1%)

Key Takeaway

Homes in Springville-Johnsondale have sold for 3.1% less than they did a month ago.

Summary: The median home sold price in Springville-Johnsondale was $310,000 in November 2024, down 3.1% from last month, and the median price per square foot was $280.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $320K-
N/A
2 -$310K
N/A
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Springville-Johnsondale 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Springville-Johnsondale, CA

How many homes are available in Springville-Johnsondale, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
98-11.1%

Summary: The Springville-Johnsondale real estate market had 8 homes for sale in November 2024, a 11.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 33
0.0%
3 33
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Springville-Johnsondale housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Springville-Johnsondale, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Springville-Johnsondale in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Springville-Johnsondale, CA

How long does it take to sell a home in Springville-Johnsondale, CA?

Average Sale Time

Oct 2024Nov 2024CHANGE
29 Days22 Days-24.1%

Summary: Homes in Springville-Johnsondale had an average of 22 days on market in Nov 2024, down by 24.1% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Springville-Johnsondale are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Springville-Johnsondale; 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.

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

Report Updated 20 Days Ago

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