Summerland, CA Housing Market & Real Estate

Balanced market+147.9% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Summerland, CA is $7.50M, up 147.9% year-over-year. Homes sell in an average of 67 days with 2 active listings. The market is currently a balanced market.

$7.50Mmedian sale price

Homes sold

1

Last 12 weeks

Days on market

67

Average pace

Active listings

2

2.0 months supply

Sale-to-list

93.8%

Below asking

Summerland, CA market data

Current housing market statistics for Summerland, CA
MetricValue
Median sale price$7.50M
Median list price$19.95M
Year-over-year price change+147.9%
Average days on market67 days
Active inventory2 listings
Months of supply2.0 months
Sale-to-list price ratio93.8%
Market conditionBalanced market

Source: Redfin · Updated weekly

The Summerland housing market is currently classified as a balanced market with a median sale price of $7.50M. Prices have risen 147.9% compared to last year, with homes spending an average of 67 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Summerland

There are currently 2 homes listed for sale in Summerland, California. The median listing price is $19.9M.

Active listings

2

Homes on market

Median list price

$19.9M

Avg. days on market

67

Days until sale

New this week

1

Newly listed

Sale-to-list:93.8%

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Frequently asked questions

What is the average home price in Summerland?

The median home sale price in Summerland is $7.50M, up 147.9% from last year.

How long do homes stay on market in Summerland?

Homes typically spend 67 days on market before going under contract.

Is Summerland a buyer's or seller's market?

With 2.0 months of supply, Summerland is currently a balanced market.

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