Housing Prices in The Southwest, CA

How much do homes in The Southwest, CA cost?

Median List Price

$415,000

$236/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

+$5,000(+1.2%)

Key Takeaway

The list price of homes in The Southwest has increased by 1.2% since last year.

Summary: The median home list price in The Southwest was $415,000 in November 2024, up 1.2% from the previous year, and the median price per square foot was $236.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $126.9K$132.8K
+4.7%
2 $236.3K$280K
+18.4%
3 $359.9K$374.7K
+4.1%
4 $475K$498.4K
+4.9%
5+ $560K$599.9K
+7.1%

Summary: The Southwest housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.7%, 2 bedroom homes increased by 18.4%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 7.1%.

Median List Price Compared To Nearby Neighborhoods

Southern Oaks
+24.5%
Seven Oaks at Grand Island
+12.1%
The Southwest
+1.2%
Seven Oaks
-9.5%

Housing Supply in The Southwest, CA

How many homes are available in The Southwest, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8189+9.9%

Summary: The The Southwest real estate market had 89 homes for sale in November 2024, a 9.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 812
+50.0%
3 4342
-2.3%
4 2322
-4.3%
5+ 713
+85.7%

Summary: The The Southwest 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 increased by 50%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes increased by 85.7%.

Days on Market for The Southwest, CA

How long does it take to sell a home in The Southwest, CA?

Average Listing Age

Nov 2023Nov 2024CHANGE
109 Days73 Days-32.7%

Summary: Homes in The Southwest had an average listing age of 73 days in Nov 2024, down by 32.7% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in The Southwest, CA

Nearby Markets to The Southwest, CA