Is Rio Vista, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Rio Vista has remained a Seller's Market.
Housing Prices in Rio Vista, CA
How much do homes in Rio Vista, CA cost?
Median Sold Price
$461,266
$285/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Rio Vista was $461,266 in May 2024, up 0.5% from last year, and the median price per square foot was $285.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $353.6K | $333.8K | -5.6% |
2 Bedrooms | $439K | $435K | -0.9% |
3 Bedrooms | $480K | $510.4K | +6.3% |
4 Bedrooms | $530K | $580K | +9.4% |
5+ Bedrooms | $720K | - | N/A |
Summary: Rio Vista housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.6%, 2 bedroom homes decreased by 0.9%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes did not change.
Housing Supply in Rio Vista, CA
How many homes are available in Rio Vista, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
108 | 114 | +5.6% |
Summary: The Rio Vista real estate market had 114 homes for sale in May 2024, a 5.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 72 | 76 | +5.6% |
3 Bedrooms | 29 | 29 | 0.0% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Rio Vista 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 5.6%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
22 | 21 | -4.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Rio Vista in May 2024, down by 4.5% month-over-month. Of the 21 sold homes, 48% were sold under asking, 33% were sold at asking, and 19% were sold over asking.
Days on Market for Rio Vista, CA
How long does it take to sell a home in Rio Vista, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
16 Days | 32 Days | +99.0% |
Summary: Homes in Rio Vista had an average of 32 days on market in May 2024, up by 99% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 21 homes were sold in Rio Vista; 14% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.