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 November 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

$738,212

$367/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$38,212(+5.5%)

Key Takeaway

Homes in Temescal Valley have sold for 5.5% more than they did a year ago.

Summary: The median home sold price in Temescal Valley was $738,212 in November 2024, up 5.5% from last year, and the median price per square foot was $367.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $625K$675.5K
+8.1%
3 $635K$665K
+4.7%
4 $739.5K$775K
+4.8%
5+ $903.7K$863.5K
-4.5%

Summary: Temescal Valley 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 8.1%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes decreased by 4.5%.

Median Sold Price Compared To Nearby Neighborhoods

Horsethief Canyon Ranch
+8.1%
Glen Ivy
+6.3%
Temescal Valley
+5.5%
Sycamore Creek
+4.1%

Housing Supply in Temescal Valley, CA

How many homes are available in Temescal Valley, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
158146-7.6%

Summary: The Temescal Valley real estate market had 146 homes for sale in November 2024, a 7.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 3028
-6.7%
3 4838
-20.8%
4 4846
-4.2%
5+ 3234
+6.3%

Summary: The Temescal Valley 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 decreased by 6.7%, 3 bedroom homes decreased by 20.8%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes increased by 6.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3426-23.5%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

7 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. 42.3% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in Temescal Valley in November 2024, down by 23.5% month-over-month. Of the 26 sold homes, 42% were sold under asking, 27% were sold at asking, and 31% 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

Nov 2023Nov 2024CHANGE
28 Days39 Days+36.0%

Summary: Homes in Temescal Valley had an average of 39 days on market in Nov 2024, up by 36% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

2 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 November 2024, 26 homes were sold in Temescal Valley; 54% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 8% 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 21 Days Ago

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