Is Upper State, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Upper State is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Upper State has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Upper State, CA

How much do homes in Upper State, CA cost?

Median Sold Price

$1,823,000

$1,255/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$138,000(+8.2%)

Key Takeaway

Homes in Upper State have sold for 8.2% more than they did a year ago.

Summary: The median home sold price in Upper State was $1,823,000 in November 2024, up 8.2% from last year, and the median price per square foot was $1,255.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $592.2K$1.0M
+82.7%
2 $1.4M$1.3M
-7.1%
3 $1.7M$1.8M
+2.6%
4 $2.0M$2.6M
+28.5%
5+ $3.5M$1.3M
-62.1%

Summary: Upper State housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 82.7%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 28.5%, and 5+ bedroom homes decreased by 62.1%.

Housing Supply in Upper State, CA

How many homes are available in Upper State, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3324-27.3%

Summary: The Upper State real estate market had 24 homes for sale in November 2024, a 27.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 53
-40.0%
3 117
-36.4%
4 129
-25.0%
5+ 22
0.0%

Summary: The Upper State 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 decreased by 40%, 3 bedroom homes decreased by 36.4%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
115-54.5%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Upper State, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Upper State in November 2024, down by 54.5% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for Upper State, CA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
13 Days49 Days+262.6%

Summary: Homes in Upper State had an average of 49 days on market in Nov 2024, up by 262.6% compared to last year.

Breakdown of Home Sale Times

4 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

Many homes in Upper State are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in Upper State; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% 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 21 Days Ago

Newest Listings in Upper State, CA

Nearby Markets to Upper State, CA