Is Forest Falls, 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, Forest Falls was a Seller's Market.
Housing Prices in Forest Falls, CA
How much do homes in Forest Falls, CA cost?
Median Sold Price
$350,000
$303/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Forest Falls was $350,000 in June 2024, up 0.5% from last year, and the median price per square foot was $303.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $240K | $275K | +14.6% |
2 Bedrooms | $337.5K | $308.5K | -8.6% |
3 Bedrooms | $425K | $379.9K | -10.6% |
4 Bedrooms | $445K | $545K | +22.5% |
5+ Bedrooms | $684K | - | N/A |
Summary: Forest Falls housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.6%, 2 bedroom homes decreased by 8.6%, 3 bedroom homes decreased by 10.6%, 4 bedroom homes increased by 22.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Angelus Oaks | $320K | $350K | +9.4% |
Big Bear | $440.4K | $450.4K | +2.3% |
Forest Falls | $348.2K | $350K | 0.5% |
Housing Supply in Forest Falls, CA
How many homes are available in Forest Falls, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
24 | 25 | +4.2% |
Summary: The Forest Falls real estate market had 25 homes for sale in June 2024, a 4.2% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 8 | 8 | 0.0% |
3 Bedrooms | 9 | 9 | 0.0% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Forest Falls housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
5 | 3 | -40.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Forest Falls in June 2024, down by 40.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Forest Falls, CA
How long does it take to sell a home in Forest Falls, CA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
64 Days | 58 Days | -9.3% |
Summary: Homes in Forest Falls had an average of 58 days on market in Jun 2024, down by 9.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During June 2024, 3 homes were sold in Forest Falls; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.