Is Ben Lomond, 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, Ben Lomond has remained a Seller's Market.
Housing Prices in Ben Lomond, CA
How much do homes in Ben Lomond, CA cost?
Median Sold Price
$915,000
$583/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Ben Lomond was $915,000 in May 2024, up 2% from last year, and the median price per square foot was $583.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $810K | $1.0M | +28.8% |
2 Bedrooms | $875K | $765K | -12.6% |
3 Bedrooms | $933.5K | $950K | +1.8% |
4 Bedrooms | $1.2M | $978.8K | -18.4% |
5+ Bedrooms | - | $1.2M | N/A |
Summary: Ben Lomond housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28.8%, 2 bedroom homes decreased by 12.6%, 3 bedroom homes increased by 1.8%, 4 bedroom homes decreased by 18.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Ben Lomond | $897K | $915K | +2.0% |
San Lorenzo Valley | $850K | $840K | -1.2% |
Boulder Creek | $791K | $750K | -5.2% |
Felton | $835K | $776K | -7.1% |
Housing Supply in Ben Lomond, CA
How many homes are available in Ben Lomond, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
22 | 28 | +27.3% |
Summary: The Ben Lomond real estate market had 28 homes for sale in May 2024, a 27.3% 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 | 3 | 3 | 0.0% |
3 Bedrooms | 15 | 16 | +6.7% |
4 Bedrooms | 3 | 8 | +166.7% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Ben Lomond 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 increased by 6.7%, 4 bedroom homes increased by 166.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 7 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Ben Lomond in May 2024, the same as the previous month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.
Days on Market for Ben Lomond, CA
How long does it take to sell a home in Ben Lomond, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
9 Days | 40 Days | +316.9% |
Summary: Homes in Ben Lomond had an average of 40 days on market in May 2024, up by 316.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 7 homes were sold in Ben Lomond; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.