Is Mount Baldy-Wrightwood, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mount Baldy-Wrightwood is a buyer's market

Buyer's
Market

Difference Since October 2021

At the same time last year, Mount Baldy-Wrightwood was a Seller's Market.

Key Takeaway

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

How much do homes in Mount Baldy-Wrightwood, CA cost?

Median Sold Price

$450,000

$316/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$51,000(+12.8%)

Key Takeaway

Homes in Mount Baldy-Wrightwood have sold for 12.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $220K$296K
+34.5%
2 $328K$373.2K
+13.8%
3 $415K$480K
+15.7%
4 $520K$558K
+7.3%
5+ $939.4K$984.9K
+4.8%

Median Sold Price Compared To Nearby Cities

Phelan
+13.9%
Mount Baldy-Wrightwood
+12.8%
Rancho Cucamonga
+12.3%
Wrightwood
+11.3%

How many homes are available in Mount Baldy-Wrightwood, CA?

Number of Homes For Sale

Sep 2022Oct 2022%
8067-16.3%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 54
-20.0%
2 2116
-23.8%
3 4134
-17.1%
4 99
0.0%
5+ 44
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
167-56.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mount Baldy-Wrightwood, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
34 Days48 Days+40.1%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Mount Baldy-Wrightwood 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 Mount Baldy-Wrightwood, CA

There are 67 homes are for sale in Mount Baldy-Wrightwood, CA real estate market. Between September 2022 and October 2022, Mount Baldy-Wrightwood, CA real estate market has seen decrease in the number of listings by 16.3%. Listings spent 48 days on the market in October 2022, and had a median list price of $450,000 during the same period. This housing market listing prices have changed between September 2022 and October 2022: 1 bedroom properties prices increased by 34.5%, prices of 2 bedrooms properties increased by 13.8%, the cost of 3 bedrooms properties went up by 15.7%, 4 bedrooms properties became 7.3% more expensive, 5 bedrooms properties became 4.8% more expensive. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes went down by 20%, 2 bedrooms homes became 23.8% less available, 3 bedrooms homes became 17.1% less available, the quantity of 4 bedrooms homes have not changed, the quantity of 5 bedrooms homes have not changed. Mount Baldy-Wrightwood, CA housing market in October 2022 saw over 1 listings sold above listed price, more than 1 sold at listed price and over 5 sold below.

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