Is Kelseyville, 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, Kelseyville was a Seller's Market.
Housing Prices in Kelseyville, CA
How much do homes in Kelseyville, CA cost?
Median Sold Price
$375,000
$234/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Kelseyville was $375,000 in May 2024, down 3.8% from last year, and the median price per square foot was $234.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $160K | $350K | +118.8% |
2 Bedrooms | $322K | $339K | +5.3% |
3 Bedrooms | $405K | $389K | -4.0% |
4 Bedrooms | $417K | $515K | +23.5% |
5+ Bedrooms | $600K | $485K | -19.2% |
Summary: Kelseyville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 118.8%, 2 bedroom homes increased by 5.3%, 3 bedroom homes decreased by 4%, 4 bedroom homes increased by 23.5%, and 5+ bedroom homes decreased by 19.2%.
Median Sold Price Compared To Nearby Cities
Cobb | $304.5K | $307.5K | +1.0% |
Clearlake Riviera | $375K | $370K | -1.3% |
Kelseyville | $390K | $375K | -3.8% |
Housing Supply in Kelseyville, CA
How many homes are available in Kelseyville, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
121 | 129 | +6.6% |
Summary: The Kelseyville real estate market had 129 homes for sale in May 2024, a 6.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 25 | 27 | +8.0% |
3 Bedrooms | 64 | 65 | +1.6% |
4 Bedrooms | 24 | 28 | +16.7% |
5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Kelseyville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
15 | 12 | -20.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Kelseyville in May 2024, down by 20.0% month-over-month. Of the 12 sold homes, 58% were sold under asking, 25% were sold at asking, and 17% were sold over asking.
Days on Market for Kelseyville, CA
How long does it take to sell a home in Kelseyville, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
129 Days | 70 Days | -45.2% |
Summary: Homes in Kelseyville had an average of 70 days on market in May 2024, down by 45.2% compared to last year.
Breakdown of Home Sale Times
4 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, 12 homes were sold in Kelseyville; 33% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.