Is Cedarpines Park, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Cedarpines Park was a Seller's Market.
Key Takeaway
Cedarpines Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Cedarpines Park, CA
How much do homes in Cedarpines Park, CA cost?
Median Sold Price
$375,000
$238/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Cedarpines Park have sold for 2.2% more than they did a year ago.
Summary: The median home sold price in Cedarpines Park was $375,000 in June 2024, up 2.2% from last year, and the median price per square foot was $238.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $222.5K | $178K | -20.0% |
| 2 Bedrooms | $330K | $307K | -7.0% |
| 3 Bedrooms | $420K | $396.5K | -5.6% |
| 4 Bedrooms | $427.5K | $500K | +17.0% |
| 5+ Bedrooms | $520K | $485.2K | -6.7% |
Summary: Cedarpines Park housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20%, 2 bedroom homes decreased by 7%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 17%, and 5+ bedroom homes decreased by 6.7%.
Median Sold Price Compared To Nearby Cities
| Cedarpines Park | $367K | $375K | +2.2% |
| Lake Arrowhead | $499.7K | $485K | -3.0% |
Housing Supply in Cedarpines Park, CA
How many homes are available in Cedarpines Park, CA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 23 | 23 | 0.0% |
Summary: The Cedarpines Park real estate market had 23 homes for sale in June 2024, the same as May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Cedarpines Park housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cedarpines Park, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Cedarpines Park in June 2024, down by 75.0% month-over-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 Cedarpines Park, CA
How long does it take to sell a home in Cedarpines Park, CA?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 120 Days | 13 Days | -89.2% |
Summary: Homes in Cedarpines Park had an average of 13 days on market in Jun 2024, down by 89.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cedarpines Park are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 1 homes were sold in Cedarpines Park; 100% of homes were sold within 30 days, 0% 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.