Is Willow Glen, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Willow Glen is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Willow Glen, CA

How much do homes in Willow Glen, CA cost?

Median Sold Price

$1,956,800

$1,068/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$81,800(+4.4%)

Key Takeaway

Homes in Willow Glen have sold for 4.4% more than they did a year ago.

Summary: The median home sold price in Willow Glen was $1,956,800 in November 2024, up 4.4% from last year, and the median price per square foot was $1,068.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $527K$543K
+3.0%
2 $1.3M$1.3M
+3.4%
3 $1.6M$1.7M
+7.3%
4 $2.3M$2.5M
+9.2%
5+ $3.0M$3.2M
+4.9%

Summary: Willow Glen housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3%, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes increased by 4.9%.

Housing Supply in Willow Glen, CA

How many homes are available in Willow Glen, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7053-24.3%

Summary: The Willow Glen real estate market had 53 homes for sale in November 2024, a 24.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 139
-30.8%
3 2217
-22.7%
4 2616
-38.5%
5+ 911
+22.2%

Summary: The Willow Glen 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 30.8%, 3 bedroom homes decreased by 22.7%, 4 bedroom homes decreased by 38.5%, and 5+ bedroom homes increased by 22.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2822-21.4%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Willow Glen, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in Willow Glen in November 2024, down by 21.4% month-over-month. Of the 22 sold homes, 45% were sold under asking, 9% were sold at asking, and 45% were sold over asking.

Days on Market for Willow Glen, CA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
16 Days28 Days+71.9%

Summary: Homes in Willow Glen had an average of 28 days on market in Nov 2024, up by 71.9% compared to last year.

Breakdown of Home Sale Times

17 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 Willow Glen are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 22 homes were sold in Willow Glen; 77% of homes were sold within 30 days, 18% 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 20 Days Ago

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