Is Sycamore Creek, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sycamore Creek is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Sycamore Creek has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Sycamore Creek, CA

How much do homes in Sycamore Creek, CA cost?

Median Sold Price

$812,500

$286/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$50,000(+6.6%)

Key Takeaway

Homes in Sycamore Creek have sold for 6.6% more than they did a year ago.

Summary: The median home sold price in Sycamore Creek was $812,500 in October 2024, up 6.6% from last year, and the median price per square foot was $286.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $735K$754.5K
+2.7%
4 $760K$795.5K
+4.7%
5+ $782.5K$850K
+8.6%

Summary: Sycamore Creek 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 did not change, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 8.6%.

Median Sold Price Compared To Nearby Neighborhoods

Sycamore Creek
+6.6%
Glen Ivy
+6.3%
Temescal Valley
+5.0%

Housing Supply in Sycamore Creek, CA

How many homes are available in Sycamore Creek, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1917-10.5%

Summary: The Sycamore Creek real estate market had 17 homes for sale in October 2024, a 10.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 12
+100.0%
4 107
-30.0%
5+ 88
0.0%

Summary: The Sycamore Creek 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 increased by 100%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
63-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sycamore Creek, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Sycamore Creek in October 2024, down by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for Sycamore Creek, CA

How long does it take to sell a home in Sycamore Creek, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
35 Days37 Days+4.2%

Summary: Homes in Sycamore Creek had an average of 37 days on market in Oct 2024, up by 4.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Sycamore Creek; 67% of homes were sold within 30 days, 33% 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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