$6,709 Closing Credit*
$565,000
1,320 SqFt
4 Beds
•2 Full Baths
MARIA ELENA SERAFIN, Listing Office: NATIONAL REALTY GROUP
Is Verdemont, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Verdemont was a Neutral Market.
Key Takeaway
Verdemont is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Verdemont, CA
How much do homes in Verdemont, CA cost?
Median Sold Price
$640,000
$327/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$80,000(+14.3%)
Key Takeaway
Homes in Verdemont have sold for 14.3% more than they did a year ago.
Summary: The median home sold price in Verdemont was $640,000 in December 2024, up 14.3% from last year, and the median price per square foot was $327.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $469K | $393.7K | -16.0% |
| 3 Bedrooms | $542.1K | $552.5K | +1.9% |
| 4 Bedrooms | $633K | $651.5K | +2.9% |
| 5+ Bedrooms | $695K | $786K | +13.1% |
Summary: Verdemont housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 16%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 13.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Verdemont | $560K | $640K | +14.3% |
| Kendall Hills | $525K | $558.5K | +6.4% |
Housing Supply in Verdemont, CA
How many homes are available in Verdemont, CA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 21 | 19 | -9.5% |
Summary: The Verdemont real estate market had 19 homes for sale in December 2024, a 9.5% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 4 | 7 | +75.0% |
| 4 Bedrooms | 11 | 9 | -18.2% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Verdemont housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 75%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Verdemont, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Verdemont in December 2024, down by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Verdemont, CA
How long does it take to sell a home in Verdemont, CA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 59 Days | 38 Days | -35.7% |
Summary: Homes in Verdemont had an average of 38 days on market in Dec 2024, down by 35.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Verdemont has remained consistent over time.
Summary: During December 2024, 4 homes were sold in Verdemont; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% 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.