$7,124 Closing Credit*
$599,950
2,378 SqFt
5 Beds
•2 Baths
Melisa Spolini, Listing Office: Edinhart Realty & Property Management
Is Woodward Park, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Woodward Park has remained a Seller's Market.
Key Takeaway
Woodward Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Woodward Park, CA
How much do homes in Woodward Park, CA cost?
Median Sold Price
$530,100
$276/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$40,100(+8.2%)
Key Takeaway
Homes in Woodward Park have sold for 8.2% more than they did a year ago.
Summary: The median home sold price in Woodward Park was $530,100 in November 2024, up 8.2% from last year, and the median price per square foot was $276.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $237.5K | $232K | -2.3% |
| 2 Bedrooms | $345K | $306K | -11.3% |
| 3 Bedrooms | $452.5K | $475K | +5.0% |
| 4 Bedrooms | $645K | $649.5K | +0.7% |
| 5+ Bedrooms | $750K | $748.7K | -0.2% |
Summary: Woodward Park housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.3%, 2 bedroom homes decreased by 11.3%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes decreased by 0.2%.
Housing Supply in Woodward Park, CA
How many homes are available in Woodward Park, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 177 | 162 | -8.5% |
Summary: The Woodward Park real estate market had 162 homes for sale in November 2024, a 8.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 14 | 9 | -35.7% |
| 3 Bedrooms | 78 | 75 | -3.8% |
| 4 Bedrooms | 71 | 66 | -7.0% |
| 5+ Bedrooms | 14 | 11 | -21.4% |
Summary: The Woodward Park housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 35.7%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 7%, and 5+ bedroom homes decreased by 21.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 46 | 38 | -17.4% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Woodward Park, you may be able to get a good deal. 42.1% of homes here sold below asking price last month.
Summary: A total of 38 homes were sold or pending in Woodward Park in November 2024, down by 17.4% month-over-month. Of the 38 sold homes, 42% were sold under asking, 26% were sold at asking, and 32% were sold over asking.
Days on Market for Woodward Park, CA
How long does it take to sell a home in Woodward Park, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 26 Days | +5.7% |
Summary: Homes in Woodward Park had an average of 26 days on market in Nov 2024, up by 5.7% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Woodward Park are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 38 homes were sold in Woodward Park; 63% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 3% 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.