Is Santa Paula, 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, Santa Paula has remained a Seller's Market.
Housing Prices in Santa Paula, CA
How much do homes in Santa Paula, CA cost?
Median Sold Price
$715,000
$423/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Santa Paula was $715,000 in April 2024, up 7.1% from last year, and the median price per square foot was $423.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $265K | $350K | +32.1% |
2 Bedrooms | $431K | $415K | -3.7% |
3 Bedrooms | $685K | $720K | +5.1% |
4 Bedrooms | $705K | $770K | +9.2% |
5+ Bedrooms | $850K | $855K | +0.6% |
Summary: Santa Paula housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32.1%, 2 bedroom homes decreased by 3.7%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes increased by 0.6%.
Housing Supply in Santa Paula, CA
How many homes are available in Santa Paula, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
51 | 51 | 0.0% |
Summary: The Santa Paula real estate market had 51 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 7 | 10 | +42.9% |
3 Bedrooms | 26 | 22 | -15.4% |
4 Bedrooms | 11 | 10 | -9.1% |
5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Santa Paula 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 42.9%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 9 | -25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Santa Paula in April 2024, down by 25.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 22% were sold at asking, and 44% were sold over asking.
Days on Market for Santa Paula, CA
How long does it take to sell a home in Santa Paula, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
20 Days | 24 Days | +18.1% |
Summary: Homes in Santa Paula had an average of 24 days on market in Apr 2024, up by 18.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Santa Paula; 78% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.