Is Cedar Glen, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cedar Glen is a buyer's market

Buyer's
Market

Difference Since May 2021

At the same time last year, Cedar Glen was a Seller's Market.

Key Takeaway

Cedar Glen is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Cedar Glen, CA cost?

Median Sold Price

$549,000

$367/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$54,000(+10.9%)

Key Takeaway

Homes in Cedar Glen have sold for 10.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 $192.5K$280K
+45.5%
2 $250K$359K
+43.6%
3 $465.5K$605K
+30.0%
4 $540.5K$612.5K
+13.3%
5+ $1.2M$1.6M
+36.2%

Median Sold Price Compared To Nearby Cities

Green Valley Lake
+28.2%
Big Bear
+24.3%
Skyforest
+24.0%
Lake Arrowhead
+19.9%
Cedar Glen
+10.9%

How many homes are available in Cedar Glen, CA?

Number of Homes For Sale

Apr 2022May 2022%
2426+8.3%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 33
0.0%
2 34
+33.3%
3 68
+33.3%
4 76
-14.3%
5+ 55
0.0%

Number of Homes Sold

Apr 2022May 2022%
53-40.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cedar Glen, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Average Sale Time

May 2021May 2022%
46 Days8 Days-82.7%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Cedar Glen are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Cedar Glen, CA

There are 26 homes are for sale in Cedar Glen, CA real estate market. In May 2022 in Cedar Glen, CA there were 8.3% more homes for sale than in April 2022. In May 2022, listings were on the market for 8 days. During the same period, the median list price in this real estate market was $549,000. Real estate listing prices changed between April 2022 and May 2022: prices of 1 bedroom properties went up by 45.5%, the cost of 2 bedrooms properties went up by 43.6%, prices of 3 bedrooms properties increased by 30%, the cost of 4 bedrooms properties went up by 13.3%, the cost of 5 bedrooms properties went up by 36.2%. The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes stayed the same, the quantity of 2 bedrooms homes went up by 33.3%, 3 bedrooms homes inventory increased by 33.3%, 4 bedrooms homes became 14.3% less available, number of 5 bedrooms homes remained the same. While more than 0 listings in Cedar Glen, CA in May 2022 were sold above asking price, there were more than 2 listings sold at asking price, and more than 1 were sold below.

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