Is Pajaro, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Pajaro has remained a Seller's Market.
Housing Prices in Pajaro, CA
How much do homes in Pajaro, CA cost?
Median Sold Price
$867,500
$558/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since April 2023.
Summary: The median home sold price in Pajaro was $867,500 in April 2024, the same as last year, and the median price per square foot was $558.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $510K | N/A |
2 Bedrooms | $715K | $610K | -14.7% |
3 Bedrooms | $870K | $960K | +10.3% |
4 Bedrooms | $889K | $994K | +11.8% |
5+ Bedrooms | $950K | - | N/A |
Summary: Pajaro housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.7%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Watsonville | $699.5K | $805.9K | +15.2% |
Castroville | $850K | $900K | +5.9% |
Pajaro | $867.5K | $867.5K | 0.0% |
Aromas | $915K | $812.5K | -11.2% |
Housing Supply in Pajaro, CA
How many homes are available in Pajaro, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 25 | +25.0% |
Summary: The Pajaro real estate market had 25 homes for sale in April 2024, a 25.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 11 | +37.5% |
3 Bedrooms | 7 | 9 | +28.6% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Pajaro housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 37.5%, 3 bedroom homes increased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 8 | +60.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Pajaro in April 2024, up by 60.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% were sold over asking.
Days on Market for Pajaro, CA
How long does it take to sell a home in Pajaro, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
8 Days | 32 Days | +306.3% |
Summary: Homes in Pajaro had an average of 32 days on market in Apr 2024, up by 306.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Pajaro; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.