Is Pinon Hills, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Pinon Hills has remained a Seller's Market.
Housing Prices in Pinon Hills, CA
How much do homes in Pinon Hills, CA cost?
Median Sold Price
$423,500
$238/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Pinon Hills was $423,500 in May 2024, down 5.9% from last year, and the median price per square foot was $238.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $289.5K | $215K | -25.7% |
2 Bedrooms | $270K | $345K | +27.8% |
3 Bedrooms | $429K | $405K | -5.6% |
4 Bedrooms | $484.5K | $550K | +13.5% |
5+ Bedrooms | $635K | $580K | -8.7% |
Summary: Pinon Hills housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 25.7%, 2 bedroom homes increased by 27.8%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes decreased by 8.7%.
Median Sold Price Compared To Nearby Cities
Phelan | $448K | $460K | +2.7% |
Llano | $427K | $422.5K | -1.1% |
Wrightwood | $450K | $439.5K | -2.3% |
Mount Baldy-Wrightwood | $462K | $437K | -5.4% |
Pinon Hills | $450K | $423.5K | -5.9% |
Housing Supply in Pinon Hills, CA
How many homes are available in Pinon Hills, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
34 | 41 | +20.6% |
Summary: The Pinon Hills real estate market had 41 homes for sale in May 2024, a 20.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 9 | +80.0% |
3 Bedrooms | 12 | 13 | +8.3% |
4 Bedrooms | 14 | 15 | +7.1% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Pinon Hills 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 increased by 80%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 7 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Pinon Hills in May 2024, the same as the previous month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.
Days on Market for Pinon Hills, CA
How long does it take to sell a home in Pinon Hills, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
43 Days | 39 Days | -7.6% |
Summary: Homes in Pinon Hills had an average of 39 days on market in May 2024, down by 7.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 7 homes were sold in Pinon Hills; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.