$6,876 Closing Credit*
$579,000
2,705 SqFt
4 Beds
•2 Full Baths, 1 Partial
CYNTHIA ZARAGOZA, Listing Office: Town & Country Real Estate
Is Tournament Hills, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Tournament Hills was a Neutral Market.
Key Takeaway
Tournament Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Tournament Hills, CA
How much do homes in Tournament Hills, CA cost?
Median Sold Price
$524,497
$255/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$4,169(-0.8%)
Key Takeaway
Homes in Tournament Hills have sold for 0.8% less than they did a month ago.
Summary: The median home sold price in Tournament Hills was $524,497 in November 2024, down 0.8% from last month, and the median price per square foot was $255.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $499K | $499.7K | 0.1% |
| 4 Bedrooms | $530K | $542.4K | +2.3% |
| 5+ Bedrooms | - | $610K | N/A |
Summary: Tournament Hills 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 did not change, 3 bedroom homes increased by 0.1%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes did not change.
Housing Supply in Tournament Hills, CA
How many homes are available in Tournament Hills, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 24 | -7.7% |
Summary: The Tournament Hills real estate market had 24 homes for sale in November 2024, a 7.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 13 | 11 | -15.4% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Tournament Hills 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 remained the same, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Tournament Hills, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Tournament Hills in November 2024, up by 25.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Tournament Hills, CA
How long does it take to sell a home in Tournament Hills, CA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 52 Days | +109.6% |
Summary: Homes in Tournament Hills had an average of 52 days on market in Nov 2024, up by 109.6% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Tournament Hills has remained consistent over time.
Summary: During November 2024, 5 homes were sold in Tournament Hills; 20% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.