Historical Housing Market Report in Merced California

145 Total
Homes For Sale

71 Homes
Added to the Market

65 Homes
Sold

Compared to Previous Month

5%

More Homes For Sale

14%

More Homes Sold

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Last month in March, housing in Merced, CA ended with 71 homes being added to the market for sale, for a cumulative monthly total of 145 homes for sale - up 5% compared to February. Merced, CA had a total of 65 homes sold for the month - up 14% from the month prior.

Detached led the way in homes sold with a total of 65 - up 15%, while attached totaled 0 in closed sales - even from the month of February. The number of detached properties sold under 1500 square feet totaled 29 for the month of March, while homes from 1500 to 2000 square feet recorded 22 sales and homes sized from 2000 to 2500 square feet had 10 sales. While homes from 2500 to 3000 square feet square feet recorded 4 homes sold. The following ranges for detached homes all had no sales: 3000 to 3500, 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.

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

March:

65 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 June 2023, October 2023 and March 2024. The months of June 2023, October 2023 and March 2024 had 65 - 62 and 65 homes sold, respectively, as compared to an average of 48 for the other months of the year.

September:

19 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 May 2023, September 2023 and December 2023. The months of May 2023, September 2023 and December 2023 had 23 - 19 and 26 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 Price Of Homes Sold In Merced, CA
By Year

Number of homes sold in Merced, CA
Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2024	43	56	65	-	-	-	-	-	-	-	-	-	164
2023	31	31	54	46	46	65	59	52	58	62	33	36	573
2022	67	44	89	83	62	89	62	56	57	57	55	50	771
2021	74	58	102	80	89	96	84	86	86	90	91	76	1012
2020	69	90	81	80	85	89	119	92	88	107	73	76	1049
2019	58	56	70	93	107	98	105	106	92	100	87	92	1064
2018	55	50	64	60	89	100	90	87	65	83	70	81	894
2017	54	54	66	61	83	80	75	93	86	76	67	62	857

Average Days On Market (DOM) In Merced, CA
Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Average
2024	29	37	29	-	-	-	-	-	-	-	-	-	32
2023	35	38	43	43	23	30	30	26	19	31	32	26	31
2022	12	14	12	14	19	14	19	19	32	50	29	35	22
2021	19	19	19	14	12	11	12	12	13	14	15	13	14
2020	34	47	30	26	19	23	22	28	29	15	21	28	27
2019	46	50	58	47	48	34	42	46	29	37	33	40	42
2018	27	36	25	39	29	28	30	37	23	33	34	37	32
2017	24	27	30	45	28	34	24	25	28	26	34	43	31

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
2024	82	98	73	-	-	-	-	-	-	-	-	-	84
2023	94	85	93	86	87	74	75	76	70	79	78	81	82
2022	69	63	72	54	69	72	69	60	78	94	83	82	72
2021	75	73	82	74	81	64	59	51	58	65	68	64	68
2020	132	115	105	85	89	115	93	94	98	103	85	95	101
2019	113	110	123	96	105	98	98	116	94	102	99	110	105
2018	83	86	83	103	79	102	97	87	79	92	107	111	92
2017	118	75	95	95	79	91	76	83	86	78	93	102	89

Number of homes added to the market in Merced, CA
Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2024	67	67	71	-	-	-	-	-	-	-	-	-	205
2023	37	58	50	75	70	81	75	77	83	53	47	39	745
2022	59	85	83	96	87	72	64	49	71	61	51	29	807
2021	58	85	87	73	86	96	105	85	96	76	75	46	968
2020	93	124	99	84	66	96	83	83	66	99	64	48	1005
2019	65	86	94	126	95	112	105	106	62	99	67	55	1072
2018	77	66	88	78	92	74	92	98	93	80	68	45	951
2017	71	44	77	84	70	94	82	89	74	67	61	57	870

Historical Housing Market for Merced, CA

March 2024 Real Estate Report

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

Average Price Of Homes Sold In Merced, CA
By Year

Historical Housing Market for Merced, CA

March 2024 Real Estate Report

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

Average Price Of Homes Sold In Merced, CA By Year

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

Average Price Of Homes Sold In Merced, CA
By Year