Is Hidden Valley Lake, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Hidden Valley Lake was a Seller's Market.
Key Takeaway
Hidden Valley Lake 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 Hidden Valley Lake, CA
How much do homes in Hidden Valley Lake, CA cost?
Median Sold Price
$375,000
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Hidden Valley Lake have sold for 3.8% less than they did a year ago.
Summary: The median home sold price in Hidden Valley Lake was $375,000 in May 2024, down 3.8% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $306K | $305K | -0.3% |
| 3 Bedrooms | $389K | $365K | -6.2% |
| 4 Bedrooms | $515K | $489K | -5.0% |
| 5+ Bedrooms | $570K | $550K | -3.5% |
Summary: Hidden Valley Lake housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.3%, 3 bedroom homes decreased by 6.2%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes decreased by 3.5%.
Median Sold Price Compared To Nearby Cities
| Lower Lake | $424.7K | $447.5K | +5.4% |
| Hidden Valley Lake | $389.9K | $375K | -3.8% |
| Middletown | $390K | $375K | -3.8% |
Housing Supply in Hidden Valley Lake, CA
How many homes are available in Hidden Valley Lake, CA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 88 | 91 | +3.4% |
Summary: The Hidden Valley Lake real estate market had 91 homes for sale in May 2024, a 3.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 8 | 11 | +37.5% |
| 3 Bedrooms | 61 | 57 | -6.6% |
| 4 Bedrooms | 8 | 12 | +50.0% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Hidden Valley Lake housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 37.5%, 3 bedroom homes decreased by 6.6%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 16 | 14 | -12.5% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hidden Valley Lake, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Hidden Valley Lake in May 2024, down by 12.5% month-over-month. Of the 14 sold homes, 64% were sold under asking, 21% were sold at asking, and 14% were sold over asking.
Days on Market for Hidden Valley Lake, CA
How long does it take to sell a home in Hidden Valley Lake, CA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 64 Days | 78 Days | +21.0% |
Summary: Homes in Hidden Valley Lake had an average of 78 days on market in May 2024, up by 21% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hidden Valley Lake are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 14 homes were sold in Hidden Valley Lake; 36% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 29% 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. 
Copyright © 2024 by Bay Area Real Estate Information Services, Inc. All rights reserved.