Is Warm Springs, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Warm Springs is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Warm Springs was a Seller's Market.

Key Takeaway

Warm Springs is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Warm Springs, CA

How much do homes in Warm Springs, CA cost?

Median Sold Price

$1,725,010

$980/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$410,010(+31.2%)

Key Takeaway

Homes in Warm Springs have sold for 31.2% more than they did a year ago.

Summary: The median home sold price in Warm Springs was $1,725,010 in November 2024, up 31.2% from last year, and the median price per square foot was $980.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $470K$448K
-4.7%
2 $685K$695K
+1.5%
3 $1.4M$1.8M
+26.4%
4 $1.8M$2.3M
+21.4%
5+ $2.2M$2.8M
+25.8%

Summary: Warm Springs housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.7%, 2 bedroom homes increased by 1.5%, 3 bedroom homes increased by 26.4%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 25.8%.

Median Sold Price Compared To Nearby Neighborhoods

Warm Springs
+31.2%
East Industrial
+7.8%
Vineyards / Avalon
+6.3%

Housing Supply in Warm Springs, CA

How many homes are available in Warm Springs, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
24240.0%

Summary: The Warm Springs real estate market had 24 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1314
+7.7%
3 89
+12.5%
4 20
-100.0%
5+ 11
0.0%

Summary: The Warm Springs 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 increased by 7.7%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
63-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Warm Springs, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Warm Springs in November 2024, down by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Warm Springs, CA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
19 Days6 Days-65.6%

Summary: Homes in Warm Springs had an average of 6 days on market in Nov 2024, down by 65.6% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in Warm Springs; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 Warm Springs, CA

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