Is Templeton, 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, Templeton was a Seller's Market.
Key Takeaway
Templeton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Templeton, CA
How much do homes in Templeton, CA cost?
Median Sold Price
$912,500
$489/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Templeton have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in Templeton was $912,500 in May 2024, up 2.5% from last year, and the median price per square foot was $489.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $833K | $500K | -40.0% |
| 2 Bedrooms | $655K | - | N/A |
| 3 Bedrooms | $815K | $799.5K | -1.9% |
| 4 Bedrooms | $1.2M | $1.4M | +12.0% |
| 5+ Bedrooms | $911.7K | $2.6M | +190.6% |
Summary: Templeton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 40%, 2 bedroom homes did not change, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 190.6%.
Median Sold Price Compared To Nearby Cities
| Cayucos | $1.3M | $1.4M | +11.5% |
| Templeton | $890K | $912.5K | +2.5% |
| Paso Robles | $675K | $689.9K | +2.2% |
| Atascadero | $762.5K | $747K | -2.0% |
| North Coast | $949.7K | $926.2K | -2.5% |
Housing Supply in Templeton, CA
How many homes are available in Templeton, CA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 36 | 36 | 0.0% |
Summary: The Templeton real estate market had 36 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 13 | 12 | -7.7% |
| 4 Bedrooms | 19 | 19 | 0.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Templeton 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 remained the same, 3 bedroom homes decreased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 9 | 5 | -44.4% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Templeton, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Templeton in May 2024, down by 44.4% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for Templeton, CA
How long does it take to sell a home in Templeton, CA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 45 Days | 44 Days | -2.6% |
Summary: Homes in Templeton had an average of 44 days on market in May 2024, down by 2.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Templeton are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 5 homes were sold in Templeton; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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