Is Bass Lake, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bass Lake is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Bass Lake was a Neutral Market.

Key Takeaway

Bass Lake is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Bass Lake, CA

How much do homes in Bass Lake, CA cost?

Median Sold Price

$807,500

$441/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$217,500(+36.9%)

Key Takeaway

Homes in Bass Lake have sold for 36.9% more than they did a year ago.

Summary: The median home sold price in Bass Lake was $807,500 in May 2024, up 36.9% from last year, and the median price per square foot was $441.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $360K-
N/A
2 $335K$360K
+7.5%
3 $585K$750K
+28.2%
4 $917.8K$2.3M
+150.6%
5+ $1.7M$4.3M
+145.3%

Summary: Bass Lake housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.5%, 3 bedroom homes increased by 28.2%, 4 bedroom homes increased by 150.6%, and 5+ bedroom homes increased by 145.3%.

Median Sold Price Compared To Nearby Cities

Bass Lake
+36.9%
Oakhurst-North Fork
+9.2%
Oakhurst
+3.0%
North Fork
-7.8%

Housing Supply in Bass Lake, CA

How many homes are available in Bass Lake, CA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
3240+25.0%

Summary: The Bass Lake real estate market had 40 homes for sale in May 2024, a 25.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1823
+27.8%
4 56
+20.0%
5+ 79
+28.6%

Summary: The Bass Lake housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 27.8%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 28.6%.

Number of Homes Sold

Apr 2024May 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bass Lake, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Bass Lake in May 2024, up by 100.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Bass Lake, CA

How long does it take to sell a home in Bass Lake, CA?

Average Sale Time

May 2023May 2024CHANGE
6 Days209 Days+3123.1%

Summary: Homes in Bass Lake had an average of 209 days on market in May 2024, up by 3123.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Bass Lake are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During May 2024, 4 homes were sold in Bass Lake; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 75% 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 1 Day Ago

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