Is Skyforest, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Skyforest is a neutral's market

Buyer's
Market

Difference Since August 2021

At the same time last year, Skyforest was a Buyer's Market.

Key Takeaway

Skyforest is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Skyforest, CA cost?

Median Sold Price

$444,000

$354/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$69,000(+18.4%)

Key Takeaway

Homes in Skyforest have sold for 18.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 $219K$235K
+7.3%
2 $311.2K$350K
+12.4%
3 $398K$525K
+31.9%
4 $645K$687.5K
+6.6%
5+ $1.3M$1.3M
+6.1%

Median Sold Price Compared To Nearby Cities

Big Bear
+18.6%
Skyforest
+18.4%
Lake Arrowhead
+8.7%
Blue Jay
+7.0%

How many homes are available in Skyforest, CA?

Number of Homes For Sale

Jul 2022Aug 2022%
3235+9.4%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 21
-50.0%
2 57
+40.0%
3 1719
+11.8%
4 88
0.0%
5+ 00
0.0%

Number of Homes Sold

Jul 2022Aug 2022%
45+25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Skyforest, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Average Sale Time

Aug 2021Aug 2022%
3 Days37 Days+1133.3%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Skyforest has remained consistent over time.

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

About Skyforest, CA

Skyforest, CA has 35 homes for sale to choose from. In August 2022 in Skyforest, CA there were 9.4% more homes for sale than in July 2022. In August 2022, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $444,000. Listing prices have changed in this real estate market between July 2022 and August 2022: 1 bedroom properties became 7.3% more expensive, the cost of 2 bedrooms properties went up by 12.4%, prices of 3 bedrooms properties increased by 31.9%, 4 bedrooms properties prices increased by 6.6%, the cost of 5 bedrooms properties went up by 6.1%. This housing market inventory have changed: 1 bedroom homes inventory decreased by 50%, number of 2 bedrooms homes increased by 40%, number of 3 bedrooms homes increased by 11.8%, 4 bedrooms homes did not move, 5 bedrooms homes did not move. While more than 2 listings in Skyforest, CA in August 2022 were sold above asking price, there were more than 1 listings sold at asking price, and more than 2 were sold below.

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