Is Oakmont Village, 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, Oakmont Village has remained a Seller's Market.
Housing Prices in Oakmont Village, CA
How much do homes in Oakmont Village, CA cost?
Median Sold Price
$725,000
$456/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since May 2023.
Summary: The median home sold price in Oakmont Village was $725,000 in May 2024, the same as last year, and the median price per square foot was $456.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $445K | $407.5K | -8.4% |
2 Bedrooms | $640K | $671.5K | +4.9% |
3 Bedrooms | $850K | $862K | +1.4% |
4 Bedrooms | $1.1M | $796.5K | -31.3% |
5+ Bedrooms | - | - | N/A |
Summary: Oakmont Village housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.4%, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 1.4%, 4 bedroom homes decreased by 31.3%, and 5+ bedroom homes did not change.
Housing Supply in Oakmont Village, CA
How many homes are available in Oakmont Village, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
58 | 57 | -1.7% |
Summary: The Oakmont Village real estate market had 57 homes for sale in May 2024, a 1.7% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 34 | 30 | -11.8% |
3 Bedrooms | 22 | 25 | +13.6% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Oakmont Village 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 decreased by 11.8%, 3 bedroom homes increased by 13.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
22 | 17 | -22.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Oakmont Village in May 2024, down by 22.7% month-over-month. Of the 17 sold homes, 18% were sold under asking, 29% were sold at asking, and 53% were sold over asking.
Days on Market for Oakmont Village, CA
We’re sorry, we don't have information for this market at the moment