$19,500,000
8,339 SqFt
6 Beds
•7 Full Baths, 1 Partial
Giovanne Helou, Listing Office: The Oppenheim Group
Is Westcliff / Mariner Mile, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Westcliff / Mariner Mile was a Seller's Market.
Key Takeaway
Westcliff / Mariner Mile is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Westcliff / Mariner Mile, CA
How much do homes in Westcliff / Mariner Mile, CA cost?
Median Sold Price
$3,395,800
$1,390/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$238,300(+7.5%)
Key Takeaway
Homes in Westcliff / Mariner Mile have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in Westcliff / Mariner Mile was $3,395,800 in November 2024, up 7.5% from last year, and the median price per square foot was $1,390.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $3.1M | N/A |
| 2 Bedrooms | $1.6M | $2.2M | +37.5% |
| 3 Bedrooms | $2.0M | $2.7M | +34.5% |
| 4 Bedrooms | $3.5M | $4.0M | +13.8% |
| 5+ Bedrooms | $6.3M | $6.0M | -4.8% |
Summary: Westcliff / Mariner Mile housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 37.5%, 3 bedroom homes increased by 34.5%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes decreased by 4.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Westcliff / Mariner Mile | $3.1M | $3.3M | +7.5% |
| Cliff Haven | $3.6M | $3.4M | -5.7% |
Housing Supply in Westcliff / Mariner Mile, CA
How many homes are available in Westcliff / Mariner Mile, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 18 | -18.2% |
Summary: The Westcliff / Mariner Mile real estate market had 18 homes for sale in November 2024, a 18.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 7 | 4 | -42.9% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The Westcliff / Mariner Mile 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 remained the same, 3 bedroom homes decreased by 42.9%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Westcliff / Mariner Mile, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Westcliff / Mariner Mile in November 2024, down by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Westcliff / Mariner Mile, CA
How long does it take to sell a home in Westcliff / Mariner Mile, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 12 Days | 19 Days | +55.1% |
Summary: Homes in Westcliff / Mariner Mile had an average of 19 days on market in Nov 2024, up by 55.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Westcliff / Mariner Mile are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Westcliff / Mariner Mile; 67% of homes were sold within 30 days, 33% 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.