Is Mount Baldy-Wrightwood, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
At the same time last year, Mount Baldy-Wrightwood was a Neutral 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.
Housing Prices in Mount Baldy-Wrightwood, CA
How much do homes in Mount Baldy-Wrightwood, CA cost?
Median Sold Price
$440,000
$302/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Mount Baldy-Wrightwood have sold for 2.2% less than they did a year ago.
Summary: The median home sold price in Mount Baldy-Wrightwood was $440,000 in November 2023, down 2.2% from last year, and the median price per square foot was $302.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $296K | $297.8K | +0.6% |
| 2 Bedrooms | $381K | $378.2K | -0.7% |
| 3 Bedrooms | $478.2K | $474K | -0.9% |
| 4 Bedrooms | $540K | $557.5K | +3.2% |
| 5+ Bedrooms | $1.1M | $627.4K | -45.2% |
Summary: Mount Baldy-Wrightwood housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 0.6%, 2 bedroom homes decreased by 0.7%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes decreased by 45.2%.
Median Sold Price Compared To Nearby Cities
| Rancho Cucamonga | $725K | $728K | 0.4% |
| Wrightwood | $444.5K | $440K | -1.0% |
| Mount Baldy-Wrightwood | $450K | $440K | -2.2% |
| Phelan | $462.5K | $444.7K | -3.8% |
Housing Supply in Mount Baldy-Wrightwood, CA
How many homes are available in Mount Baldy-Wrightwood, CA?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 49 | 48 | -2.0% |
Summary: The Mount Baldy-Wrightwood real estate market had 48 homes for sale in November 2023, a 2.0% decrease compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 18 | 15 | -16.7% |
| 3 Bedrooms | 19 | 20 | +5.3% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Mount Baldy-Wrightwood housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 9 | 3 | -66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mount Baldy-Wrightwood, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Mount Baldy-Wrightwood in November 2023, down by 66.7% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Mount Baldy-Wrightwood, CA
How long does it take to sell a home in Mount Baldy-Wrightwood, CA?
Average Sale Time
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 62 Days | 22 Days | -65.0% |
Summary: Homes in Mount Baldy-Wrightwood had an average of 22 days on market in Nov 2023, down by 65% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mount Baldy-Wrightwood are selling fast, if you're buying plan to act quickly.
Summary: During November 2023, 3 homes were sold in Mount Baldy-Wrightwood; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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.