Is California, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing California is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, California was a Neutral Market.

Key Takeaway

California is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in California, PA

How much do homes in California, PA cost?

Median Sold Price

$43,500

$51/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$151,500(-77.7%)

Key Takeaway

Homes in California have sold for 77.7% less than they did a month ago.

Summary: The median home sold price in California was $43,500 in October 2024, down 77.7% from last month, and the median price per square foot was $51.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$43.5K
N/A
3 $195K-
N/A
4 $207.5K-
N/A
5+ --
N/A

Summary: California housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in California, PA

How many homes are available in California, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2426+8.3%

Summary: The California real estate market had 26 homes for sale in October 2024, a 8.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 55
0.0%
3 710
+42.9%
4 75
-28.6%
5+ 45
+25.0%

Summary: The California housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 42.9%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in California, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in California in October 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for California, PA

How long does it take to sell a home in California, PA?

Average Sale Time

Sep 2024Oct 2024CHANGE
32 Days20 Days-38.0%

Summary: Homes in California had an average of 20 days on market in Oct 2024, down by 38% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 1 homes were sold in California; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 16 Days Ago

Newest Listings in California, PA

Nearby Markets to California, PA

What housing markets are near California, PA?