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

$320,000

$800/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$375,000(-54.0%)

Key Takeaway

Homes in Springville-Johnsondale have sold for 54% less than they did a month ago.

Summary: The median home sold price in Springville-Johnsondale was $320,000 in October 2024, down 54% from last month, and the median price per square foot was $800.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$320K
N/A
2 --
N/A
3 $695K-
N/A
4 --
N/A
5+ --
N/A

Summary: Springville-Johnsondale 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 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

Sep 2024Oct 2024CHANGE
10100.0%

Summary: The Springville-Johnsondale real estate market had 10 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 44
0.0%
3 33
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Springville-Johnsondale housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 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

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Springville-Johnsondale, you could pay more than the asking price. 100% of homes here sold above asking price last month.

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

Sep 2024Oct 2024CHANGE
8 Days29 Days+262.5%

Summary: Homes in Springville-Johnsondale had an average of 29 days on market in Oct 2024, up by 262.5% 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 October 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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