Is Upper Lake-Nice, 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, Upper Lake-Nice was a Neutral Market.
Housing Prices in Upper Lake-Nice, CA
How much do homes in Upper Lake-Nice, CA cost?
Median Sold Price
$310,000
$242/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Upper Lake-Nice was $310,000 in May 2024, up 12.6% from last year, and the median price per square foot was $242.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $150K | $149K | -0.7% |
2 Bedrooms | $219.3K | $229.5K | +4.7% |
3 Bedrooms | $294.5K | $340K | +15.4% |
4 Bedrooms | $504.7K | $439K | -13.0% |
5+ Bedrooms | $319.5K | $729K | +128.2% |
Summary: Upper Lake-Nice housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.7%, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 15.4%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes increased by 128.2%.
Housing Supply in Upper Lake-Nice, CA
How many homes are available in Upper Lake-Nice, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
27 | 33 | +22.2% |
Summary: The Upper Lake-Nice real estate market had 33 homes for sale in May 2024, a 22.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 10 | 15 | +50.0% |
3 Bedrooms | 14 | 15 | +7.1% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Upper Lake-Nice 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 50%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Upper Lake-Nice in May 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Upper Lake-Nice, CA
We’re sorry, we don't have information for this market at the moment
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
Summary: During May 2024, 3 homes were sold in Upper Lake-Nice; 33% 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.