Is Fawnskin, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fawnskin is a buyer's market

Buyer's
Market

Difference Since October 2021

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

Key Takeaway

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

How much do homes in Fawnskin, CA cost?

Median Sold Price

$592,000

$460/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

-$33,500(-5.4%)

Key Takeaway

Homes in Fawnskin have sold for 5.4% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $233K$365.9K
+57.0%
2 $400K$512.5K
+28.1%
3 $670K$586.5K
-12.5%
4 $807.7K$1.1M
+39.9%
5+ $1.2M$1.6M
+34.9%

Median Sold Price Compared To Nearby Cities

Big Bear Lake
+17.4%
Big Bear
+16.4%
Green Valley Lake
+3.9%
Angelus Oaks
+2.8%
Fawnskin
-5.4%

How many homes are available in Fawnskin, CA?

Number of Homes For Sale

Sep 2022Oct 2022%
3332-3.0%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 22
0.0%
2 1111
0.0%
3 1012
+20.0%
4 75
-28.6%
5+ 32
-33.3%

Number of Homes Sold

Sep 2022Oct 2022%
54-20.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fawnskin, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Average Sale Time

Oct 2021Oct 2022%
33 Days29 Days-12.1%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Fawnskin 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 Fawnskin, CA

Number of homes for sale in Fawnskin, CA real estate market have reached 32. The number of listings in Fawnskin, CA decreased by 3% between September 2022 and October 2022. In October 2022, listings were on the market for 29 days. During the same period, the median list price in this real estate market was $592,000. From September 2022 through October 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties prices increased by 57%, 2 bedrooms properties prices increased by 28.1%, prices of 3 bedrooms properties decreased by 12.5%, prices of 4 bedrooms properties increased by 39.9%, prices of 5 bedrooms properties went up by 34.9%. Volume of homes for sale changed: 1 bedroom homes inventory did not change, number of 2 bedrooms homes remained the same, 3 bedrooms homes inventory increased by 20%, volume of 4 bedrooms homes went down by 28.6%, number of 5 bedrooms homes decreased by 33.3%. In October 2022 more than 3 listings in Fawnskin, CA were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 1 were sold below.

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