Is Forest Falls, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Forest Falls is a seller's market

Buyer's
Market

Difference Since September 2021

At the same time last year, Forest Falls was a Neutral Market.

Key Takeaway

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

How much do homes in Forest Falls, CA cost?

Median Sold Price

$307,500

$327/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$2,500(+0.8%)

Key Takeaway

Homes in Forest Falls have sold for 0.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $200K$189K
-5.5%
2 $271K$300K
+10.7%
3 $372.5K$435K
+16.8%
4 $455K$468K
+2.9%
5+ $342.5K$684K
+99.7%

Median Sold Price Compared To Nearby Cities

Banning
+21.1%
San Gorgonio Pass
+19.7%
Big Bear
+16.8%
Angelus Oaks
+6.5%
Forest Falls
+0.8%

How many homes are available in Forest Falls, CA?

Number of Homes For Sale

Aug 2022Sep 2022%
1814-22.2%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 33
0.0%
2 65
-16.7%
3 75
-28.6%
4 11
0.0%
5+ 10
-100.0%

Number of Homes Sold

Aug 2022Sep 2022%
45+25.0%

Asking Price vs. Sold Price

1 Home Was 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 Forest Falls, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Average Sale Time

Sep 2021Sep 2022%
30 Days18 Days-40.7%

Breakdown of Home Sale Times

3 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 Forest Falls 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 Forest Falls, CA

Homes for sale in Forest Falls, CA have reached 14. The number of homes for sale in Forest Falls, CA decreased by 22.2% between August 2022 and September 2022. In September 2022 median list price was $307,500 and the average listing age was 18 days. From August 2022 through September 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties became 5.5% more cheaper, prices of 2 bedrooms properties increased by 10.7%, the cost of 3 bedrooms properties went up by 16.8%, prices of 4 bedrooms properties went up by 2.9%, 5 bedrooms properties became 99.7% more expensive. Housing inventory have changed in this real estate market: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory decreased by 16.7%, volume of 3 bedrooms homes went down by 28.6%, number of 4 bedrooms homes remained the same, number of 5 bedrooms homes decreased by 100%. In September 2022 more than 1 listings in Forest Falls, CA were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 1 were sold below.

Related Housing Market Reports