Is Crescental Highlands, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Crescental Highlands has remained a Seller's Market.
Key Takeaway
Crescental Highlands is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Crescental Highlands, CA
How much do homes in Crescental Highlands, CA cost?
Median Sold Price
$1,170,000
$777/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Crescental Highlands have sold for 8.6% more than they did a year ago.
Summary: The median home sold price in Crescental Highlands was $1,170,000 in April 2024, up 8.6% from last year, and the median price per square foot was $777.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $412K | $460K | +11.7% |
| 2 Bedrooms | $885K | $970K | +9.6% |
| 3 Bedrooms | $1.1M | $1.2M | +8.0% |
| 4 Bedrooms | $1.3M | $1.4M | +1.1% |
| 5+ Bedrooms | $1.9M | $2.2M | +15.1% |
Summary: Crescental Highlands housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.7%, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 15.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Whiting Woods | $1.7M | $1.8M | +10.6% |
| Crescental Highlands | $1.0M | $1.1M | +8.6% |
| The Verdugos | $1.1M | $1.2M | +4.1% |
| Tujunga | $835K | $863K | +3.4% |
Housing Supply in Crescental Highlands, CA
How many homes are available in Crescental Highlands, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 19 | 24 | +26.3% |
Summary: The Crescental Highlands real estate market had 24 homes for sale in April 2024, a 26.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 10 | 18 | +80.0% |
| 4 Bedrooms | 5 | 2 | -60.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Crescental Highlands housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 80%, 4 bedroom homes decreased by 60%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Crescental Highlands, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Crescental Highlands in April 2024, down by 12.5% month-over-month. Of the 7 sold homes, 29% were sold under asking, 14% were sold at asking, and 57% were sold over asking.
Days on Market for Crescental Highlands, CA
How long does it take to sell a home in Crescental Highlands, CA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 37 Days | 45 Days | +21.6% |
Summary: Homes in Crescental Highlands had an average of 45 days on market in Apr 2024, up by 21.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Crescental Highlands are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 7 homes were sold in Crescental Highlands; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% 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.