Is Leisure World, 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, Leisure World was a Seller's Market.
Housing Prices in Leisure World, CA
How much do homes in Leisure World, CA cost?
Median Sold Price
$344,000
$385/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Leisure World was $344,000 in May 2024, up 0.6% from last year, and the median price per square foot was $385.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $226K | $231K | +2.2% |
2 Bedrooms | $379K | $380K | 0.3% |
3 Bedrooms | $585K | $400K | -31.6% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Leisure World housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.2%, 2 bedroom homes increased by 0.3%, 3 bedroom homes decreased by 31.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Rossmoor | $1.4M | $1.4M | +4.4% |
Old Ranch | $630K | $655K | +4.0% |
Leisure World | $342K | $344K | +0.6% |
Housing Supply in Leisure World, CA
How many homes are available in Leisure World, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
138 | 140 | +1.4% |
Summary: The Leisure World real estate market had 140 homes for sale in May 2024, a 1.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 32 | 36 | +12.5% |
2 Bedrooms | 105 | 103 | -1.9% |
3 Bedrooms | 1 | 1 | 0.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Leisure World housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes decreased by 1.9%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
27 | 21 | -22.2% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Leisure World in May 2024, down by 22.2% month-over-month. Of the 21 sold homes, 43% were sold under asking, 48% were sold at asking, and 10% were sold over asking.
Days on Market for Leisure World, CA
How long does it take to sell a home in Leisure World, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
44 Days | 30 Days | -31.9% |
Summary: Homes in Leisure World had an average of 30 days on market in May 2024, down by 31.9% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 21 homes were sold in Leisure World; 67% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.