Is Forest Ranch, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Forest Ranch was a Seller's Market.
Housing Prices in Forest Ranch, CA
How much do homes in Forest Ranch, CA cost?
Median Sold Price
$362,000
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Forest Ranch was $362,000 in May 2024, down 4.5% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $77.5K | - | N/A |
2 Bedrooms | $305K | $315K | +3.3% |
3 Bedrooms | $381K | $362K | -5.0% |
4 Bedrooms | $828.7K | $425K | -48.7% |
5+ Bedrooms | $950K | - | N/A |
Summary: Forest Ranch housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.3%, 3 bedroom homes decreased by 5%, 4 bedroom homes decreased by 48.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Forest Ranch | $379K | $362K | -4.5% |
Magalia | $339K | $308K | -9.1% |
Housing Supply in Forest Ranch, CA
How many homes are available in Forest Ranch, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
12 | 15 | +25.0% |
Summary: The Forest Ranch real estate market had 15 homes for sale in May 2024, a 25.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 5 | 8 | +60.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Forest Ranch housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 60%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Forest Ranch in May 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Forest Ranch, CA
How long does it take to sell a home in Forest Ranch, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
7 Days | 37 Days | +428.6% |
Summary: Homes in Forest Ranch had an average of 37 days on market in May 2024, up by 428.6% compared to last year.
Breakdown of Home Sale Times
0 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, 1 homes were sold in Forest Ranch; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.