$6,816 Closing Credit*
$574,000
2,244 SqFt
4 Beds
•3 Full Baths
Jon-Jon Fuentes, Listing Office: Realty One Group United
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 Seller's Market.
Key Takeaway
Tournament Hills is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Tournament Hills, CA
How much do homes in Tournament Hills, CA cost?
Median Sold Price
$528,666
$280/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$60,334(-10.2%)
Key Takeaway
Homes in Tournament Hills have sold for 10.2% less than they did a month ago.
Summary: The median home sold price in Tournament Hills was $528,666 in October 2024, down 10.2% from last month, and the median price per square foot was $280.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $550K | $499K | -9.3% |
| 4 Bedrooms | $589K | $530K | -10.0% |
| 5+ Bedrooms | $620K | - | N/A |
Summary: Tournament Hills housing prices by bedroom type for October 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 decreased by 9.3%, 4 bedroom homes decreased by 10%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 26 | -16.1% |
Summary: The Tournament Hills real estate market had 26 homes for sale in October 2024, a 16.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 10 | 8 | -20.0% |
| 4 Bedrooms | 16 | 14 | -12.5% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Tournament Hills 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 remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tournament Hills, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Tournament Hills in October 2024, down by 42.9% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 25 Days | -17.8% |
Summary: Homes in Tournament Hills had an average of 25 days on market in Oct 2024, down by 17.8% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Tournament Hills are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Tournament Hills; 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.
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.