Is Cedar Glen, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
Since last year, Cedar Glen has remained a Neutral Market.
Key Takeaway
Cedar Glen is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Cedar Glen, CA
How much do homes in Cedar Glen, CA cost?
Median Sold Price
$390,000
$321/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Cedar Glen have sold for 32.2% less than they did a year ago.
Summary: The median home sold price in Cedar Glen was $390,000 in November 2023, down 32.2% from last year, and the median price per square foot was $321.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $277K | $288K | +4.0% |
| 2 Bedrooms | $359K | $365K | +1.7% |
| 3 Bedrooms | $620K | $475K | -23.4% |
| 4 Bedrooms | $650K | $1.0M | +53.8% |
| 5+ Bedrooms | $1.6M | - | N/A |
Summary: Cedar Glen housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 4%, 2 bedroom homes increased by 1.7%, 3 bedroom homes decreased by 23.4%, 4 bedroom homes increased by 53.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Green Valley Lake | $339.9K | $350K | +3.0% |
| Lake Arrowhead | $508.7K | $500K | -1.7% |
| Big Bear | $464.8K | $453.7K | -2.4% |
| Skyforest | $482.5K | $440K | -8.8% |
| Cedar Glen | $575K | $390K | -32.2% |
Housing Supply in Cedar Glen, CA
How many homes are available in Cedar Glen, CA?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 29 | 28 | -3.4% |
Summary: The Cedar Glen real estate market had 28 homes for sale in November 2023, a 3.4% decrease compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 14 | 11 | -21.4% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Cedar Glen housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 21.4%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Cedar Glen, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Cedar Glen in November 2023, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Cedar Glen, CA
How long does it take to sell a home in Cedar Glen, CA?
Average Sale Time
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 74 Days | 102 Days | +37.8% |
Summary: Homes in Cedar Glen had an average of 102 days on market in Nov 2023, up by 37.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Cedar Glen are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2023, 4 homes were sold in Cedar Glen; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 75% 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.