Is Twentynine Palms-Yucca Valley, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Twentynine Palms-Yucca Valley is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Twentynine Palms-Yucca Valley was a Seller's Market.

Key Takeaway

Twentynine Palms-Yucca Valley is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Twentynine Palms-Yucca Valley, CA

How much do homes in Twentynine Palms-Yucca Valley, CA cost?

Median Sold Price

$330,725

$249/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$3,193(-1.0%)

Key Takeaway

Homes in Twentynine Palms-Yucca Valley have sold for 1% less than they did a year ago.

Summary: The median home sold price in Twentynine Palms-Yucca Valley was $330,725 in November 2024, down 1% from last year, and the median price per square foot was $249.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $247K$210K
-15.0%
2 $300K$290K
-3.3%
3 $350K$360K
+2.9%
4 $400K$412.7K
+3.2%
5+ $600K$570K
-5.0%

Summary: Twentynine Palms-Yucca Valley housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15%, 2 bedroom homes decreased by 3.3%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes decreased by 5%.

Median Sold Price Compared To Nearby Cities

Yucca Valley
+1.4%
Twentynine Palms-Yucca Valley
-1.0%
Twentynine Palms
-2.1%
Joshua Tree
-4.0%

Housing Supply in Twentynine Palms-Yucca Valley, CA

How many homes are available in Twentynine Palms-Yucca Valley, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
829849+2.4%

Summary: The Twentynine Palms-Yucca Valley real estate market had 849 homes for sale in November 2024, a 2.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 7579
+5.3%
2 254268
+5.5%
3 357350
-2.0%
4 113120
+6.2%
5+ 3032
+6.7%

Summary: The Twentynine Palms-Yucca Valley housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5.3%, 2 bedroom homes increased by 5.5%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 6.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
9478-17.0%

Asking Price vs. Sold Price

50 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Twentynine Palms-Yucca Valley, you may be able to get a good deal. 64.1% of homes here sold below asking price last month.

Summary: A total of 78 homes were sold or pending in Twentynine Palms-Yucca Valley in November 2024, down by 17.0% month-over-month. Of the 78 sold homes, 64% were sold under asking, 12% were sold at asking, and 24% were sold over asking.

Days on Market for Twentynine Palms-Yucca Valley, CA

How long does it take to sell a home in Twentynine Palms-Yucca Valley, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
46 Days52 Days+12.7%

Summary: Homes in Twentynine Palms-Yucca Valley had an average of 52 days on market in Nov 2024, up by 12.7% compared to last year.

Breakdown of Home Sale Times

32 Homes Were Sold
Under 30 Days

31 Homes Were Sold
In 30 - 90 Days

15 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Twentynine Palms-Yucca Valley are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 78 homes were sold in Twentynine Palms-Yucca Valley; 41% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 19% 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 17 Days Ago

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