Is Twin Peaks, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Twin Peaks has remained a Neutral Market.
Housing Prices in Twin Peaks, CA
How much do homes in Twin Peaks, CA cost?
Median Sold Price
$383,361
$284/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Twin Peaks was $383,361 in March 2024, down 7.9% from last year, and the median price per square foot was $284.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $315K | $225K | -28.6% |
2 Bedrooms | $365K | $345K | -5.5% |
3 Bedrooms | $450K | $400K | -11.1% |
4 Bedrooms | $430K | $520K | +20.9% |
5+ Bedrooms | $1.2M | $350K | -71.3% |
Summary: Twin Peaks housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.6%, 2 bedroom homes decreased by 5.5%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 20.9%, and 5+ bedroom homes decreased by 71.3%.
Median Sold Price Compared To Nearby Cities
Lake Arrowhead | $510.2K | $488.6K | -4.2% |
Twin Peaks | $416.2K | $383.3K | -7.9% |
Housing Supply in Twin Peaks, CA
How many homes are available in Twin Peaks, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
30 | 33 | +10.0% |
Summary: The Twin Peaks real estate market had 33 homes for sale in March 2024, a 10.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 7 | 7 | 0.0% |
3 Bedrooms | 13 | 15 | +15.4% |
4 Bedrooms | 8 | 8 | 0.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Twin Peaks 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 remained the same, 3 bedroom homes increased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 5 | -16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Twin Peaks in March 2024, down by 16.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Twin Peaks, CA
How long does it take to sell a home in Twin Peaks, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
12 Days | 71 Days | +474.4% |
Summary: Homes in Twin Peaks had an average of 71 days on market in Mar 2024, up by 474.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in Twin Peaks; 0% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.