Is Buellton, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Buellton was a Seller's Market.
Housing Prices in Buellton, CA
How much do homes in Buellton, CA cost?
Median Sold Price
$986,000
$527/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Buellton was $986,000 in May 2024, up 21.7% from last year, and the median price per square foot was $527.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $699K | $540K | -22.7% |
3 Bedrooms | $800K | $845K | +5.6% |
4 Bedrooms | $955.9K | $1.0M | +9.3% |
5+ Bedrooms | $966.2K | $1.2M | +34.0% |
Summary: Buellton 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 decreased by 22.7%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 34%.
Median Sold Price Compared To Nearby Cities
Buellton | $810K | $986K | +21.7% |
Solvang-Santa Ynez | $1.2M | $1.3M | +15.8% |
Housing Supply in Buellton, CA
How many homes are available in Buellton, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
16 | 21 | +31.3% |
Summary: The Buellton real estate market had 21 homes for sale in May 2024, a 31.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 2 | 4 | +100.0% |
3 Bedrooms | 6 | 7 | +16.7% |
4 Bedrooms | 8 | 8 | 0.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Buellton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Buellton in May 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Buellton, CA
How long does it take to sell a home in Buellton, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
16 Days | 275 Days | +1556.6% |
Summary: Homes in Buellton had an average of 275 days on market in May 2024, up by 1556.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Buellton; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.