November 2024 Real Estate Report

Homes For Sale
113 Total
Homes For Sale
Homes added
48 Homes
Added to the Market
Homes For Sale
49 Homes
Sold
Compared to Previous Month
-28%
Fewer Homes For Sale
home chart
-10%
Fewer Homes Sold
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Last month in November, housing in Merced, CA ended with 48 homes being added to the market for sale, for a cumulative monthly total of 113 homes for sale - down -28% compared to October. Merced, CA had a total of 49 homes sold for the month - down -10% from the month prior.

Detached led the way in homes sold with a total of 48 - down -10%, while attached totaled 1 in closed sales - even from the month of October. The number of detached properties sold under 1500 square feet totaled 17 for the month of November, while homes from 1500 to 2000 square feet recorded 17 sales and homes sized from 2000 to 2500 square feet had 9 sales. While homes from 2500 to 3000 square feet square feet recorded 4 homes sold and homes from 3000 to 3500 square feet had 1 sales. The following ranges for detached homes all had no sales: 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.

The number of attached homes sold under 1500 square feet numbered 1. The following ranges for attached homes all had no sales: 1500 to 2000, 2000 to 2500, 2500 to 3000, 3000 to 3500, 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.


When are the most homes sold in Merced, CA?
June:
70 Homes Sold
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The last 12 month period for the city of Merced, CA shows that the greatest number of homes were sold during the months of March 2024, June 2024 and August 2024. The months of March 2024, June 2024 and August 2024 had 65 - 70 and 63 homes sold, respectively, as compared to an average of 52 for the other months of the year.

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When do homes sell the fastest in Merced, CA?
June:
18 Days On Market
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The last 12 month period for the city of Merced, CA shows that homes sold the fastest during the months of June 2024, July 2024 and August 2024. The months of June 2024, July 2024 and August 2024 had 18 - 23 and 25 days on market, respectively, as compared to an average of 32 for the other months of the year.


Average Price Of Homes Sold In Merced, CA
By Size Category

Average Sold Price
Average Price Per Square Foot

Average Price Of Homes Sold In Merced, CA
By Year

Average Sold Price
Average Price Per Square Foot
Number of homes sold in Merced, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
20244356656363705963455449 - 630
2023313154464665595258623336573
2022674489836289625657575550771
202174581028089968486869091761012
2020699081808589119928810773761049
201958567093107981051069210087921064
20185550646089100908765837081894
2017545466618380759386766762857
Average Days On Market (DOM) In Merced, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
20242937292826182325312856 - 30
202335384343233030261931322631
202212141214191419193250293522
202119191914121112121314151314
202034473026192322282915212827
201946505847483442462937334042
201827362539292830372333343732
201724273045283424252826344331
Average Days From List To Close Of Escrow In Merced, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
202482987386645966798074113 - 79
202394859386877475767079788182
202269637254697269607894838272
202175738274816459515865686468
202013211510585891159394981038595101
20191131101239610598981169410299110105
2018838683103791029787799210711192
20171187595957991768386789310289
Number of homes added to the market in Merced, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
20246767719367976976786848 - 801
2023375850757081757783534739745
2022598583968772644971615129807
20215885877386961058596767546968
202093124998466968383669964481005
201965869412695112105106629967551072
2018776688789274929893806845951
2017714477847094828974676157870