Is Cedarpines Park, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cedarpines Park is a seller's market

Buyer's
Market

Difference Since September 2021

Since last year, Cedarpines Park has remained a Seller's Market.

Key Takeaway

Cedarpines Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Cedarpines Park, CA cost?

Median Sold Price

$375,000

$296/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$97,500(+35.1%)

Key Takeaway

Homes in Cedarpines Park have sold for 35.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $200K$247.5K
+23.8%
2 $250K$300.4K
+20.2%
3 $354.5K$415K
+17.1%
4 $421K$490K
+16.4%
5+ $400K$347.5K
-13.1%

Median Sold Price Compared To Nearby Cities

Cedarpines Park
+35.1%
Lake Arrowhead
+7.9%

How many homes are available in Cedarpines Park, CA?

Number of Homes For Sale

Aug 2022Sep 2022%
2628+7.7%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 22
0.0%
2 710
+42.9%
3 108
-20.0%
4 56
+20.0%
5+ 22
0.0%

Number of Homes Sold

Aug 2022Sep 2022%
49+125.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cedarpines Park, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
18 Days24 Days+37.9%

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Cedarpines Park 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 Cedarpines Park, CA

Homes for sale in Cedarpines Park, CA have reached 28. In September 2022 in Cedarpines Park, CA there were 7.7% more homes for sale than in August 2022. The median list price of listings available in September 2022 was $375,000, while the average time on the real estate market was 24 days. This housing market listing prices have changed between August 2022 and September 2022: prices of 1 bedroom properties went up by 23.8%, prices of 2 bedrooms properties increased by 20.2%, 3 bedrooms properties became 17.1% more expensive, prices of 4 bedrooms properties increased by 16.4%, 5 bedrooms properties prices decreased by 13.1%. Volume of homes for sale changed: 1 bedroom homes inventory did not change, number of 2 bedrooms homes increased by 42.9%, the quantity of 3 bedrooms homes went down by 20%, the quantity of 4 bedrooms homes went up by 20%, the quantity of 5 bedrooms homes have not changed. In September 2022, from all listings sold in Cedarpines Park, CA there were more than 1 sold above asking price, over 5 sold below and more than 3 were sold right at the asked price.

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