$10,000 Closing Credit*
$1,989,000
2,134 SqFt
4 Beds
•2 Full Baths
#424067200, Paul J Andreini, Listing Office: Nest Real Estate Services
Is West of Twin Peaks, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, West of Twin Peaks has remained a Seller's Market.
Key Takeaway
West of Twin Peaks is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West of Twin Peaks, CA
How much do homes in West of Twin Peaks, CA cost?
Median Sold Price
$1,850,000
$998/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$45,000(+2.5%)
Key Takeaway
Homes in West of Twin Peaks have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in West of Twin Peaks was $1,850,000 in August 2024, up 2.5% from last year, and the median price per square foot was $998.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $1.3M | $1.4M | +10.6% |
| 3 Bedrooms | $1.7M | $1.8M | +3.6% |
| 4 Bedrooms | $2.5M | $2.4M | -6.1% |
| 5+ Bedrooms | $2.8M | $2.7M | -4.4% |
Summary: West of Twin Peaks housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.6%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes decreased by 4.4%.
Median Sold Price Compared To Nearby Neighborhoods
| West of Twin Peaks | $1.8M | $1.8M | +2.5% |
| Twin Peaks West | $1.7M | $1.7M | +1.9% |
| Miraloma Park | $1.6M | $1.6M | -3.9% |
Housing Supply in West of Twin Peaks, CA
How many homes are available in West of Twin Peaks, CA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 51 | 37 | -27.5% |
Summary: The West of Twin Peaks real estate market had 37 homes for sale in August 2024, a 27.5% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 5 | -37.5% |
| 3 Bedrooms | 21 | 14 | -33.3% |
| 4 Bedrooms | 13 | 10 | -23.1% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The West of Twin Peaks housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 37.5%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 23.1%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 20 | 12 | -40.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West of Twin Peaks, you could pay more than the asking price. 83.3% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in West of Twin Peaks in August 2024, down by 40.0% month-over-month. Of the 12 sold homes, 0% were sold under asking, 17% were sold at asking, and 83% were sold over asking.
Days on Market for West of Twin Peaks, CA
How long does it take to sell a home in West of Twin Peaks, CA?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 11 Days | 56 Days | +387.0% |
Summary: Homes in West of Twin Peaks had an average of 56 days on market in Aug 2024, up by 387% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in West of Twin Peaks has remained consistent over time.
Summary: During August 2024, 12 homes were sold in West of Twin Peaks; 0% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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