Is Temescal Valley, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Temescal Valley is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Temescal Valley has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Temescal Valley, CA

How much do homes in Temescal Valley, CA cost?

Median Sold Price

$735,000

$364/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$35,000(+5.0%)

Key Takeaway

Homes in Temescal Valley have sold for 5% more than they did a year ago.

Summary: The median home sold price in Temescal Valley was $735,000 in October 2024, up 5% from last year, and the median price per square foot was $364.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $627.5K$675.5K
+7.6%
3 $630K$665K
+5.6%
4 $745K$772.5K
+3.7%
5+ $898.2K$865K
-3.7%

Summary: Temescal Valley 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 7.6%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes decreased by 3.7%.

Median Sold Price Compared To Nearby Neighborhoods

Horsethief Canyon Ranch
+8.1%
Sycamore Creek
+6.6%
Glen Ivy
+6.3%
Temescal Valley
+5.0%

Housing Supply in Temescal Valley, CA

How many homes are available in Temescal Valley, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
147158+7.5%

Summary: The Temescal Valley real estate market had 158 homes for sale in October 2024, a 7.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 3232
0.0%
3 3346
+39.4%
4 5147
-7.8%
5+ 3133
+6.5%

Summary: The Temescal Valley 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 39.4%, 4 bedroom homes decreased by 7.8%, and 5+ bedroom homes increased by 6.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2634+30.8%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Temescal Valley, you may be able to get a good deal. 44.1% of homes here sold below asking price last month.

Summary: A total of 34 homes were sold or pending in Temescal Valley in October 2024, up by 30.8% month-over-month. Of the 34 sold homes, 44% were sold under asking, 32% were sold at asking, and 24% were sold over asking.

Days on Market for Temescal Valley, CA

How long does it take to sell a home in Temescal Valley, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
27 Days45 Days+64.2%

Summary: Homes in Temescal Valley had an average of 45 days on market in Oct 2024, up by 64.2% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 34 homes were sold in Temescal Valley; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 12% 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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