Is Triunfo Pass-Point Mugu, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Triunfo Pass-Point Mugu is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Triunfo Pass-Point Mugu was a Buyer's Market.

Key Takeaway

Triunfo Pass-Point Mugu is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Triunfo Pass-Point Mugu, CA

How much do homes in Triunfo Pass-Point Mugu, CA cost?

Median Sold Price

$4,350,000

$981/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$150,000(-3.3%)

Key Takeaway

Homes in Triunfo Pass-Point Mugu have sold for 3.3% less than they did a month ago.

Summary: The median home sold price in Triunfo Pass-Point Mugu was $4,350,000 in April 2024, down 3.3% from last month, and the median price per square foot was $981.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$1.6M
N/A
3 --
N/A
4 $4.5M$4.8M
+6.7%
5+ $4.5M$6.8M
+49.5%

Summary: Triunfo Pass-Point Mugu housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 49.5%.

Housing Supply in Triunfo Pass-Point Mugu, CA

How many homes are available in Triunfo Pass-Point Mugu, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4146+12.2%

Summary: The Triunfo Pass-Point Mugu real estate market had 46 homes for sale in April 2024, a 12.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 22
0.0%
2 68
+33.3%
3 22
0.0%
4 1013
+30.0%
5+ 2121
0.0%

Summary: The Triunfo Pass-Point Mugu 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 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 30%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
57+40.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Triunfo Pass-Point Mugu, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Triunfo Pass-Point Mugu in April 2024, up by 40.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.

Days on Market for Triunfo Pass-Point Mugu, CA

How long does it take to sell a home in Triunfo Pass-Point Mugu, CA?

Average Sale Time

Mar 2024Apr 2024CHANGE
41 Days64 Days+56.7%

Summary: Homes in Triunfo Pass-Point Mugu had an average of 64 days on market in Apr 2024, up by 56.7% compared to last month.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Triunfo Pass-Point Mugu are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 7 homes were sold in Triunfo Pass-Point Mugu; 57% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 9 Days Ago

Newest Listings in Triunfo Pass-Point Mugu, CA

Nearby Markets to Triunfo Pass-Point Mugu, CA

What housing markets are near Triunfo Pass-Point Mugu, CA?