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 September 2023

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.

Housing Prices in Mount Baldy-Wrightwood, CA

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

Median Sold Price

$460,000

$331/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$21,000(+4.8%)

Key Takeaway

Homes in Mount Baldy-Wrightwood have sold for 4.8% more than they did a year ago.

Summary: The median home sold price in Mount Baldy-Wrightwood was $460,000 in September 2024, up 4.8% from last year, and the median price per square foot was $331.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $320.6K$267K
-16.7%
2 $395K$375K
-5.1%
3 $465K$475K
+2.2%
4 $557.5K$592K
+6.2%
5+ $878K$917.4K
+4.5%

Summary: Mount Baldy-Wrightwood housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.7%, 2 bedroom homes decreased by 5.1%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 4.5%.

Median Sold Price Compared To Nearby Cities

Rancho Cucamonga
+6.6%
Mount Baldy-Wrightwood
+4.8%
Phelan
+3.2%
Wrightwood
+2.4%

Housing Supply in Mount Baldy-Wrightwood, CA

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

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
6762-7.5%

Summary: The Mount Baldy-Wrightwood real estate market had 62 homes for sale in September 2024, a 7.5% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 44
0.0%
2 2221
-4.5%
3 2926
-10.3%
4 98
-11.1%
5+ 33
0.0%

Summary: The Mount Baldy-Wrightwood housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 4.5%, 3 bedroom homes decreased by 10.3%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
125-58.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were 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. 100% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Mount Baldy-Wrightwood in September 2024, down by 58.3% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% 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

Sep 2023Sep 2024CHANGE
44 Days53 Days+21.2%

Summary: Homes in Mount Baldy-Wrightwood had an average of 53 days on market in Sep 2024, up by 21.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was 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.

Summary: During September 2024, 5 homes were sold in Mount Baldy-Wrightwood; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 30 Days Ago

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