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 seller's market

Buyer's
Market

Difference Since October 2023

Since last year, The Village has remained a Seller's Market.

Key Takeaway

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

Housing Prices in The Village, CA

How much do homes in The Village, CA cost?

Median Sold Price

$2,617,500

$1,830/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$32,500(-1.2%)

Key Takeaway

Homes in The Village have sold for 1.2% less than they did a year ago.

Summary: The median home sold price in The Village was $2,617,500 in October 2024, down 1.2% from last year, and the median price per square foot was $1,830.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $1.4M-
N/A
2 $2.3M$2.0M
-12.8%
3 $2.5M$3.5M
+38.9%
4 $3.4M$3.1M
-8.9%
5+ $3.9M$5.0M
+28.2%

Summary: The Village 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 decreased by 12.8%, 3 bedroom homes increased by 38.9%, 4 bedroom homes decreased by 8.9%, and 5+ bedroom homes increased by 28.2%.

Housing Supply in The Village, CA

How many homes are available in The Village, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2022+10.0%

Summary: The The Village real estate market had 22 homes for sale in October 2024, a 10.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 86
-25.0%
3 69
+50.0%
4 43
-25.0%
5+ 24
+100.0%

Summary: The The Village 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 decreased by 25%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
36+100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was 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. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in The Village in October 2024, up by 100.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% 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 2023Oct 2024CHANGE
38 Days65 Days+73.2%

Summary: Homes in The Village had an average of 65 days on market in Oct 2024, up by 73.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in The Village has remained consistent over time.

Summary: During October 2024, 6 homes were sold in The Village; 17% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 17% 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 16 Days Ago

Newest Listings in The Village, CA

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