Is The Village, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing The Village is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, The Village was a Seller's Market.

Key Takeaway

The Village is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in The Village, CA

How much do homes in The Village, CA cost?

Median Sold Price

$3,726,901

$1,875/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$661,901(+21.6%)

Key Takeaway

Homes in The Village have sold for 21.6% more than they did a month ago.

Summary: The median home sold price in The Village was $3,726,901 in November 2024, up 21.6% from last month, and the median price per square foot was $1,875.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $1.8M$2.2M
+25.2%
3 $2.6M-
N/A
4 $8.2M-
N/A
5+ $4.0M$5.2M
+28.4%

Summary: The Village housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 25.2%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes increased by 28.4%.

Median Sold Price Compared To Nearby Neighborhoods

Summit Ridge
+54.3%
The Village
+21.6%

Housing Supply in The Village, CA

How many homes are available in The Village, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2117-19.0%

Summary: The The Village real estate market had 17 homes for sale in November 2024, a 19.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 66
0.0%
3 87
-12.5%
4 32
-33.3%
5+ 42
-50.0%

Summary: The The Village 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 remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
62-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in The Village, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in The Village in November 2024, down by 66.7% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for The Village, CA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
65 Days20 Days-69.6%

Summary: Homes in The Village had an average of 20 days on market in Nov 2024, down by 69.6% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 The Village are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in The Village; 50% of homes were sold within 30 days, 50% 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 17 Days Ago

Newest Listings in The Village, CA

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