Is Valley Center, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Valley Center is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Valley Center has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Valley Center, CA

How much do homes in Valley Center, CA cost?

Median Sold Price

$924,250

$399/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$48,250(+5.5%)

Key Takeaway

Homes in Valley Center have sold for 5.5% more than they did a year ago.

Summary: The median home sold price in Valley Center was $924,250 in November 2024, up 5.5% from last year, and the median price per square foot was $399.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $595.7K$1.5M
+151.8%
2 $630K$667K
+5.9%
3 $820K$869K
+6.0%
4 $977K$999K
+2.3%
5+ $1.1M$1.0M
-6.9%

Summary: Valley Center housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 151.8%, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes decreased by 6.9%.

Median Sold Price Compared To Nearby Cities

Escondido
+7.5%
Oceanside-Escondido
+6.0%
Valley Center
+5.5%
Fallbrook
+1.5%
Pauma Valley
0.5%

Housing Supply in Valley Center, CA

How many homes are available in Valley Center, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
151134-11.3%

Summary: The Valley Center real estate market had 134 homes for sale in November 2024, a 11.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 23
+50.0%
2 97
-22.2%
3 5745
-21.1%
4 6359
-6.3%
5+ 2020
0.0%

Summary: The Valley Center housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 22.2%, 3 bedroom homes decreased by 21.1%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3425-26.5%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Valley Center, you may be able to get a good deal. 48% of homes here sold below asking price last month.

Summary: A total of 25 homes were sold or pending in Valley Center in November 2024, down by 26.5% month-over-month. Of the 25 sold homes, 48% were sold under asking, 32% were sold at asking, and 20% were sold over asking.

Days on Market for Valley Center, CA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
38 Days21 Days-42.5%

Summary: Homes in Valley Center had an average of 21 days on market in Nov 2024, down by 42.5% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 25 homes were sold in Valley Center; 76% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 4% 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

Newest Listings in Valley Center, CA

Nearby Markets to Valley Center, CA

What housing markets are near Valley Center, CA?