Is Skyforest, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Skyforest has remained a Buyer's Market.
Key Takeaway
Skyforest is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Skyforest, CA
How much do homes in Skyforest, CA cost?
Median Sold Price
$582,500
$348/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Skyforest have sold for 18.2% less than they did a month ago.
Summary: The median home sold price in Skyforest was $582,500 in May 2024, down 18.2% from last month, and the median price per square foot was $348.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $450K | - | N/A |
| 4 Bedrooms | $975K | $582.5K | -40.3% |
| 5+ Bedrooms | - | - | N/A |
Summary: Skyforest housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 40.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Skyforest | $712.5K | $582.5K | -18.2% |
| Cedar Glen | $655K | $393.2K | -40.0% |
Housing Supply in Skyforest, CA
How many homes are available in Skyforest, CA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 30 | 38 | +26.7% |
Summary: The Skyforest real estate market had 38 homes for sale in May 2024, a 26.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 3 | +100.0% |
| 2 Bedrooms | 9 | 9 | 0.0% |
| 3 Bedrooms | 9 | 12 | +33.3% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Skyforest housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Skyforest, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Skyforest in May 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Skyforest, CA
How long does it take to sell a home in Skyforest, CA?
Average Sale Time
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 13 Days | 34 Days | +151.9% |
Summary: Homes in Skyforest had an average of 34 days on market in May 2024, up by 151.9% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Skyforest has remained consistent over time.
Summary: During May 2024, 2 homes were sold in Skyforest; 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.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.