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 March 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
$438,000
$320/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Mount Baldy-Wrightwood have sold for 4.3% less than they did a year ago.
Summary: The median home sold price in Mount Baldy-Wrightwood was $438,000 in March 2024, down 4.3% from last year, and the median price per square foot was $320.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $384.5K | $275K | -28.5% |
| 2 Bedrooms | $381K | $382.5K | 0.4% |
| 3 Bedrooms | $492K | $470K | -4.5% |
| 4 Bedrooms | $576.5K | $515K | -10.7% |
| 5+ Bedrooms | $1.1M | $917.4K | -21.3% |
Summary: Mount Baldy-Wrightwood housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.5%, 2 bedroom homes increased by 0.4%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 10.7%, and 5+ bedroom homes decreased by 21.3%.
Median Sold Price Compared To Nearby Cities
| Rancho Cucamonga | $725K | $740.3K | +2.1% |
| Phelan | $450K | $454.5K | +1.0% |
| Wrightwood | $455K | $439.5K | -3.4% |
| Mount Baldy-Wrightwood | $457.4K | $438K | -4.3% |
Housing Supply in Mount Baldy-Wrightwood, CA
How many homes are available in Mount Baldy-Wrightwood, CA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 47 | 52 | +10.6% |
Summary: The Mount Baldy-Wrightwood real estate market had 52 homes for sale in March 2024, a 10.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 14 | 14 | 0.0% |
| 3 Bedrooms | 20 | 26 | +30.0% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Mount Baldy-Wrightwood housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes remained the same, 3 bedroom homes increased by 30%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mount Baldy-Wrightwood, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in Mount Baldy-Wrightwood in March 2024, up by 75.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 57% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 118 Days | 74 Days | -37.4% |
Summary: Homes in Mount Baldy-Wrightwood had an average of 74 days on market in Mar 2024, down by 37.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 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 March 2024, 7 homes were sold in Mount Baldy-Wrightwood; 57% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 29% 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.