Is French Valley, 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, French Valley has remained a Seller's Market.
Housing Prices in French Valley, CA
How much do homes in French Valley, CA cost?
Median Sold Price
$675,000
$266/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in French Valley was $675,000 in May 2024, up 5.9% from last year, and the median price per square foot was $266.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $403.7K | $475K | +17.6% |
3 Bedrooms | $570K | $589K | +3.3% |
4 Bedrooms | $633.5K | $675K | +6.6% |
5+ Bedrooms | $717.5K | $741.5K | +3.3% |
Summary: French Valley housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17.6%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 3.3%.
Housing Supply in French Valley, CA
How many homes are available in French Valley, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
94 | 105 | +11.7% |
Summary: The French Valley real estate market had 105 homes for sale in May 2024, a 11.7% 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 | 2 | -33.3% |
3 Bedrooms | 23 | 29 | +26.1% |
4 Bedrooms | 36 | 41 | +13.9% |
5+ Bedrooms | 32 | 33 | +3.1% |
Summary: The French Valley 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 33.3%, 3 bedroom homes increased by 26.1%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes increased by 3.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
26 | 25 | -3.8% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in French Valley in May 2024, down by 3.8% month-over-month. Of the 25 sold homes, 44% were sold under asking, 24% were sold at asking, and 32% were sold over asking.
Days on Market for French Valley, CA
How long does it take to sell a home in French Valley, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
32 Days | 34 Days | +3.7% |
Summary: Homes in French Valley had an average of 34 days on market in May 2024, up by 3.7% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 25 homes were sold in French Valley; 68% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.