Is Fawnskin, 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, 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.
Housing Prices in Fawnskin, CA
How much do homes in Fawnskin, CA cost?
Median Sold Price
$578,500
$380/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Fawnskin have sold for 11.3% more than they did a year ago.
Summary: The median home sold price in Fawnskin was $578,500 in June 2024, up 11.3% from last year, and the median price per square foot was $380.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $270K | $280K | +3.7% |
| 2 Bedrooms | $355K | $480K | +35.2% |
| 3 Bedrooms | $575.7K | $653.4K | +13.5% |
| 4 Bedrooms | $1.1M | $1.1M | 0.2% |
| 5+ Bedrooms | $2.0M | $1.1M | -42.0% |
Summary: Fawnskin housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.7%, 2 bedroom homes increased by 35.2%, 3 bedroom homes increased by 13.5%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes decreased by 42%.
Median Sold Price Compared To Nearby Cities
| Fawnskin | $520K | $578.5K | +11.3% |
| Angelus Oaks | $320K | $350K | +9.4% |
| Lucerne Valley | $260K | $281K | +8.1% |
| Big Bear | $440.4K | $450.4K | +2.3% |
| Big Bear Lake | $618.2K | $627.3K | +1.5% |
Housing Supply in Fawnskin, CA
How many homes are available in Fawnskin, CA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 51 | 50 | -2.0% |
Summary: The Fawnskin real estate market had 50 homes for sale in June 2024, a 2.0% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 16 | 15 | -6.3% |
| 3 Bedrooms | 14 | 15 | +7.1% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 9 | 7 | -22.2% |
Summary: The Fawnskin housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 10 | 5 | -50.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fawnskin, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Fawnskin in June 2024, down by 50.0% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Fawnskin, CA
How long does it take to sell a home in Fawnskin, CA?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 84 Days | 56 Days | -32.7% |
Summary: Homes in Fawnskin had an average of 56 days on market in Jun 2024, down by 32.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Fawnskin has remained consistent over time.
Summary: During June 2024, 5 homes were sold in Fawnskin; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% 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.