Is North Coast, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, North Coast has remained a Seller's Market.
Housing Prices in North Coast, CA
How much do homes in North Coast, CA cost?
Median Sold Price
$926,277
$652/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in North Coast was $926,277 in May 2024, down 2.5% from last year, and the median price per square foot was $652.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $530K | $637K | +20.2% |
2 Bedrooms | $769K | $800K | +4.0% |
3 Bedrooms | $1.0M | $977.5K | -8.2% |
4 Bedrooms | $1.2M | $1.4M | +11.7% |
5+ Bedrooms | $1.8M | $1.6M | -6.9% |
Summary: North Coast housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.2%, 2 bedroom homes increased by 4%, 3 bedroom homes decreased by 8.2%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes decreased by 6.9%.
Housing Supply in North Coast, CA
How many homes are available in North Coast, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
159 | 171 | +7.5% |
Summary: The North Coast real estate market had 171 homes for sale in May 2024, a 7.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 7 | -22.2% |
2 Bedrooms | 40 | 46 | +15.0% |
3 Bedrooms | 77 | 85 | +10.4% |
4 Bedrooms | 25 | 25 | 0.0% |
5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The North Coast housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 22.2%, 2 bedroom homes increased by 15%, 3 bedroom homes increased by 10.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
28 | 38 | +35.7% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 38 homes were sold or pending in North Coast in May 2024, up by 35.7% month-over-month. Of the 38 sold homes, 53% were sold under asking, 13% were sold at asking, and 34% were sold over asking.
Days on Market for North Coast, CA
How long does it take to sell a home in North Coast, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
51 Days | 57 Days | +12.2% |
Summary: Homes in North Coast had an average of 57 days on market in May 2024, up by 12.2% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During May 2024, 38 homes were sold in North Coast; 66% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.