Is Sun Cal, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sun Cal is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Sun Cal was a Neutral Market.

Key Takeaway

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

Housing Prices in Sun Cal, CA

How much do homes in Sun Cal, CA cost?

Median Sold Price

$585,000

$236/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$55,000(+10.4%)

Key Takeaway

Homes in Sun Cal have sold for 10.4% more than they did a year ago.

Summary: The median home sold price in Sun Cal was $585,000 in November 2024, up 10.4% from last year, and the median price per square foot was $236.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $388.1K$499.9K
+28.8%
3 $500K$517.1K
+3.4%
4 $547K$580.1K
+6.1%
5+ $620K$635K
+2.4%

Summary: Sun Cal 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 increased by 28.8%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 2.4%.

Housing Supply in Sun Cal, CA

How many homes are available in Sun Cal, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3432-5.9%

Summary: The Sun Cal real estate market had 32 homes for sale in November 2024, a 5.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 74
-42.9%
4 1618
+12.5%
5+ 1110
-9.1%

Summary: The Sun Cal 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 42.9%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 9.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
71-85.7%

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 Sun Cal, 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 Sun Cal in November 2024, down by 85.7% month-over-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 Sun Cal, CA

How long does it take to sell a home in Sun Cal, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
94 Days2 Days-97.9%

Summary: Homes in Sun Cal had an average of 2 days on market in Nov 2024, down by 97.9% compared to last year.

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 Sun Cal are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Sun Cal; 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 17 Days Ago

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