Is Sunnymead Ranch, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sunnymead Ranch is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Sunnymead Ranch has remained a Seller's Market.

Key Takeaway

Sunnymead Ranch is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Sunnymead Ranch, CA

How much do homes in Sunnymead Ranch, CA cost?

Median Sold Price

$585,000

$300/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$25,000(+4.5%)

Key Takeaway

Homes in Sunnymead Ranch have sold for 4.5% more than they did a year ago.

Summary: The median home sold price in Sunnymead Ranch was $585,000 in October 2024, up 4.5% from last year, and the median price per square foot was $300.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $400K$457.5K
+14.4%
3 $512.5K$545K
+6.3%
4 $582.6K$602.5K
+3.4%
5+ $618K$615K
-0.5%

Summary: Sunnymead Ranch housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.4%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes decreased by 0.5%.

Housing Supply in Sunnymead Ranch, CA

How many homes are available in Sunnymead Ranch, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4839-18.8%

Summary: The Sunnymead Ranch real estate market had 39 homes for sale in October 2024, a 18.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1412
-14.3%
4 2722
-18.5%
5+ 53
-40.0%

Summary: The Sunnymead Ranch 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 decreased by 14.3%, 4 bedroom homes decreased by 18.5%, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1410-28.6%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sunnymead Ranch, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in Sunnymead Ranch in October 2024, down by 28.6% month-over-month. Of the 10 sold homes, 10% were sold under asking, 30% were sold at asking, and 60% were sold over asking.

Days on Market for Sunnymead Ranch, CA

How long does it take to sell a home in Sunnymead Ranch, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
24 Days28 Days+15.8%

Summary: Homes in Sunnymead Ranch had an average of 28 days on market in Oct 2024, up by 15.8% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sunnymead Ranch are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 10 homes were sold in Sunnymead Ranch; 50% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 10% 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 22 Days Ago

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