Find the best homes for sale in Wood Streets, CA today!
The housing market in the Wood Streets area is fairly competitive. Last month, the median sale price for a home here was $580K, reflecting a decline of 9.38% from the previous year. Similarly, the median price per square foot in the Wood Streets region dropped to $375, a decrease of 12.4% year-over-year.
Here are some questions our clients are asking us.
As of June 2023, the housing market in the Wood Streets area has seen a decrease with the median home prices falling 9.38% compared to the previous year, with homes selling at a median price of $580K. Also, homes now stay on the market for an average of 36 days, significantly up from just 12 days the year before. Furthermore, the number of homes sold this past June has decreased to 15, compared to 23 homes sold in the same period last year.
The housing market in Wood Streets is moderately competitive. On average, homes are sold within 36 days, and it's not uncommon for some homes to receive multiple offers. Generally, homes sell for approximately 1% below the listing price and become pending in around 36 days. However, highly sought-after properties can sell for about 2% above the list price and may go pending in as short a time as 10 days.
Low inventory and multiple offers are key indicators of a possible bidding war.
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