$10,000 Closing Credit*
$1,288,888
1,364 SqFt
2 Beds
•2 Full Baths
Rob Aumann, Listing Office: Compass
Is Townsite, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Townsite has remained a Seller's Market.
Key Takeaway
Townsite is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Townsite, CA
How much do homes in Townsite, CA cost?
Median Sold Price
$1,215,000
$924/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$70,500(+6.2%)
Key Takeaway
Homes in Townsite have sold for 6.2% more than they did a year ago.
Summary: The median home sold price in Townsite was $1,215,000 in October 2024, up 6.2% from last year, and the median price per square foot was $924.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $705K | $800K | +13.5% |
| 2 Bedrooms | $1.1M | $1.2M | +4.9% |
| 3 Bedrooms | $1.4M | $1.5M | +8.0% |
| 4 Bedrooms | $1.8M | $1.5M | -17.0% |
| 5+ Bedrooms | $3.4M | $4.9M | +43.1% |
Summary: Townsite housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.5%, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 8%, 4 bedroom homes decreased by 17%, and 5+ bedroom homes increased by 43.1%.
Housing Supply in Townsite, CA
How many homes are available in Townsite, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 58 | 62 | +6.9% |
Summary: The Townsite real estate market had 62 homes for sale in October 2024, a 6.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 18 | 22 | +22.2% |
| 2 Bedrooms | 19 | 18 | -5.3% |
| 3 Bedrooms | 15 | 14 | -6.7% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Townsite housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 22.2%, 2 bedroom homes decreased by 5.3%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 16 | +14.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Townsite, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Townsite in October 2024, up by 14.3% month-over-month. Of the 16 sold homes, 63% were sold under asking, 19% were sold at asking, and 19% were sold over asking.
Days on Market for Townsite, CA
How long does it take to sell a home in Townsite, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 28 Days | 66 Days | +134.9% |
Summary: Homes in Townsite had an average of 66 days on market in Oct 2024, up by 134.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Townsite has remained consistent over time.
Summary: During October 2024, 16 homes were sold in Townsite; 38% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 19% 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.