Is Palomar Mountain, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Palomar Mountain was a Seller's Market.
Housing Prices in Palomar Mountain, CA
How much do homes in Palomar Mountain, CA cost?
Median Sold Price
$425,000
$409/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Palomar Mountain was $425,000 in April 2024, up 34.9% from last month, and the median price per square foot was $409.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $110K | $425K | +286.4% |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $520K | - | N/A |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Palomar Mountain housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes increased by 286.4%, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Palomar Mountain | $315K | $425K | +34.9% |
Santa Ysabel | $576K | $775K | +34.5% |
Housing Supply in Palomar Mountain, CA
How many homes are available in Palomar Mountain, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 8 | -20.0% |
Summary: The Palomar Mountain real estate market had 8 homes for sale in April 2024, a 20.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 1 | 0 | -100.0% |
3 Bedrooms | 3 | 2 | -33.3% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Palomar Mountain 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 decreased by 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Palomar Mountain in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Palomar Mountain, CA
How long does it take to sell a home in Palomar Mountain, CA?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
55 Days | 10 Days | -81.8% |
Summary: Homes in Palomar Mountain had an average of 10 days on market in Apr 2024, down by 81.8% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in Palomar Mountain; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.