Is Tranquillity, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tranquillity is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Tranquillity has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Tranquillity, CA

How much do homes in Tranquillity, CA cost?

Median Sold Price

$620,000

$143/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$400,000(+181.8%)

Key Takeaway

Homes in Tranquillity have sold for 181.8% more than they did a month ago.

Summary: The median home sold price in Tranquillity was $620,000 in October 2024, up 181.8% from last month, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $220K-
N/A
4 --
N/A
5+ -$620K
N/A

Summary: Tranquillity 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Tranquillity
+181.8%
Cantua Creek
+60.1%

Housing Supply in Tranquillity, CA

How many homes are available in Tranquillity, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
330.0%

Summary: The Tranquillity real estate market had 3 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 11
0.0%
4 00
0.0%
5+ 11
0.0%

Summary: The Tranquillity 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tranquillity, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Tranquillity in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Tranquillity, CA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
47 Days144 Days+206.4%

Summary: Homes in Tranquillity had an average of 144 days on market in Oct 2024, up by 206.4% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Tranquillity are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 1 homes were sold in Tranquillity; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 22 Days Ago

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