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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sugarloaf is a seller's market

Buyer's
Market

Difference Since January 2022

Since last year, Sugarloaf has remained a Seller's Market.

Key Takeaway

Sugarloaf is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Sugarloaf, CA cost?

Median Sold Price

$358,750

$374/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

+$52,750(+17.2%)

Key Takeaway

Homes in Sugarloaf have sold for 17.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 $240K$304.5K
+26.9%
2 $306.5K$350K
+14.2%
3 $384K$432.5K
+12.6%
4 -$527.5K
N/A
5+ --
N/A

Median Sold Price Compared To Nearby Cities

Sugarloaf
+17.2%
Big Bear
+8.7%

How many homes are available in Sugarloaf, CA?

Number of Homes For Sale

Dec 2022Jan 2023%
1714-17.6%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 23
+50.0%
2 75
-28.6%
3 64
-33.3%
4 22
0.0%
5+ 00
0.0%

Number of Homes Sold

Dec 2022Jan 2023%
43-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sugarloaf, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Average Sale Time

Jan 2022Jan 2023%
39 Days50 Days+27.7%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sugarloaf are selling fast, if you're buying plan to act quickly.

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

About Sugarloaf, CA

There are 14 homes are for sale in Sugarloaf, CA real estate market. The number of homes for sale in Sugarloaf, CA decreased by 17.6% between December 2022 and January 2023. In January 2023, listings were on the market for 50 days. During the same period, the median list price in this real estate market was $358,750. This housing market listing prices have changed between December 2022 and January 2023: prices of 1 bedroom properties increased by 26.9%, prices of 2 bedrooms properties went up by 14.2%, 3 bedrooms properties became 12.6% more expensive, 4 bedrooms properties became 0% more expensive, prices of 5 bedrooms properties increased by 0%. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes increased by 50%, 2 bedrooms homes inventory decreased by 28.6%, the quantity of 3 bedrooms homes went down by 33.3%, number of 4 bedrooms homes remained the same, the quantity of 5 bedrooms homes have not changed. Sugarloaf, CA housing market in January 2023 saw over 2 listings sold above listed price, more than 0 sold at listed price and over 1 sold below.

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