Is Townsite, 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, Townsite has remained a Seller's Market.
Housing Prices in Townsite, CA
How much do homes in Townsite, CA cost?
Median Sold Price
$1,239,000
$908/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Townsite was $1,239,000 in May 2024, up 12.6% from last year, and the median price per square foot was $908.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $760K | $694.9K | -8.6% |
2 Bedrooms | $1.0M | $1.1M | +6.7% |
3 Bedrooms | $1.4M | $1.6M | +14.2% |
4 Bedrooms | $1.4M | $1.8M | +28.7% |
5+ Bedrooms | $5.3M | $4.0M | -24.0% |
Summary: Townsite housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.6%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 14.2%, 4 bedroom homes increased by 28.7%, and 5+ bedroom homes decreased by 24%.
Housing Supply in Townsite, CA
How many homes are available in Townsite, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
73 | 73 | 0.0% |
Summary: The Townsite real estate market had 73 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 | 18 | 21 | +16.7% |
2 Bedrooms | 29 | 25 | -13.8% |
3 Bedrooms | 19 | 19 | 0.0% |
4 Bedrooms | 5 | 6 | +20.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Townsite housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes decreased by 13.8%, 3 bedroom homes remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
15 | 14 | -6.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Townsite in May 2024, down by 6.7% month-over-month. Of the 14 sold homes, 64% were sold under asking, 21% were sold at asking, and 14% were sold over asking.
Days on Market for Townsite, CA
How long does it take to sell a home in Townsite, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
18 Days | 46 Days | +148.6% |
Summary: Homes in Townsite had an average of 46 days on market in May 2024, up by 148.6% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 14 homes were sold in Townsite; 64% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.