Is Watsonville, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Watsonville is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Watsonville, CA

How much do homes in Watsonville, CA cost?

Median Sold Price

$828,250

$585/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$47,000(+6.0%)

Key Takeaway

Homes in Watsonville have sold for 6% more than they did a year ago.

Summary: The median home sold price in Watsonville was $828,250 in November 2024, up 6% from last year, and the median price per square foot was $585.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $444.5K$385K
-13.4%
2 $585K$622K
+6.3%
3 $810K$862.5K
+6.5%
4 $990K$1.0M
+10.2%
5+ $2.2M$2.0M
-7.7%

Summary: Watsonville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.4%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes decreased by 7.7%.

Median Sold Price Compared To Nearby Cities

Watsonville
+6.0%
Pajaro
-4.4%

Housing Supply in Watsonville, CA

How many homes are available in Watsonville, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
109102-6.4%

Summary: The Watsonville real estate market had 102 homes for sale in November 2024, a 6.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 77
0.0%
2 3428
-17.6%
3 4338
-11.6%
4 1822
+22.2%
5+ 77
0.0%

Summary: The Watsonville 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 17.6%, 3 bedroom homes decreased by 11.6%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3120-35.5%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Watsonville, you could pay more than the asking price. 45% of homes here sold above asking price last month.

Summary: A total of 20 homes were sold or pending in Watsonville in November 2024, down by 35.5% month-over-month. Of the 20 sold homes, 30% were sold under asking, 25% were sold at asking, and 45% were sold over asking.

Days on Market for Watsonville, CA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
23 Days30 Days+30.5%

Summary: Homes in Watsonville had an average of 30 days on market in Nov 2024, up by 30.5% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 20 homes were sold in Watsonville; 75% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 5% 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 Watsonville, CA

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