Is Forest Ranch, 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 Ranch was a Seller's Market.
Housing Prices in Forest Ranch, CA
How much do homes in Forest Ranch, CA cost?
Median Sold Price
$362,000
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Forest Ranch was $362,000 in June 2024, up 1.3% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $90K | - | N/A |
2 Bedrooms | $305K | $372K | +22.0% |
3 Bedrooms | $384K | $339K | -11.7% |
4 Bedrooms | $760K | $425K | -44.1% |
5+ Bedrooms | $950K | - | N/A |
Summary: Forest Ranch housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 22%, 3 bedroom homes decreased by 11.7%, 4 bedroom homes decreased by 44.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Forest Ranch | $357.5K | $362K | +1.3% |
Magalia | $333.5K | $310K | -7.0% |
Housing Supply in Forest Ranch, CA
How many homes are available in Forest Ranch, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
14 | 19 | +35.7% |
Summary: The Forest Ranch real estate market had 19 homes for sale in June 2024, a 35.7% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 8 | 12 | +50.0% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Forest Ranch 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Forest Ranch in June 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Forest Ranch, CA
How long does it take to sell a home in Forest Ranch, CA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
168 Days | 19 Days | -88.7% |
Summary: Homes in Forest Ranch had an average of 19 days on market in Jun 2024, down by 88.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 1 homes were sold in Forest Ranch; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.