Is Skyforest, 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, Skyforest was a Seller's Market.
Key Takeaway
Skyforest is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Skyforest, CA
How much do homes in Skyforest, CA cost?
Median Sold Price
$435,000
$357/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Skyforest have sold for 12.9% less than they did a year ago.
Summary: The median home sold price in Skyforest was $435,000 in March 2024, down 12.9% from last year, and the median price per square foot was $357.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $312.5K | $205K | -34.4% |
| 2 Bedrooms | $395K | $375K | -5.1% |
| 3 Bedrooms | $572.9K | $447.5K | -21.9% |
| 4 Bedrooms | $807K | $872.5K | +8.1% |
| 5+ Bedrooms | $1.3M | - | N/A |
Summary: Skyforest housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 34.4%, 2 bedroom homes decreased by 5.1%, 3 bedroom homes decreased by 21.9%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Big Bear | $458K | $452.3K | -1.3% |
| Lake Arrowhead | $510.2K | $488.6K | -4.2% |
| Skyforest | $499.5K | $435K | -12.9% |
Housing Supply in Skyforest, CA
How many homes are available in Skyforest, CA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 24 | 30 | +25.0% |
Summary: The Skyforest real estate market had 30 homes for sale in March 2024, a 25.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 7 | -22.2% |
| 3 Bedrooms | 9 | 12 | +33.3% |
| 4 Bedrooms | 6 | 10 | +66.7% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Skyforest housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 22.2%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
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 Skyforest, 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 Skyforest in March 2024, the same as the previous 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 Skyforest, CA
How long does it take to sell a home in Skyforest, CA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 112 Days | 147 Days | +31.0% |
Summary: Homes in Skyforest had an average of 147 days on market in Mar 2024, up by 31% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Skyforest are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 3 homes were sold in Skyforest; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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.