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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wrightwood is a seller's market

Buyer's
Market

Difference Since May 2021

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

Key Takeaway

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

How much do homes in Wrightwood, CA cost?

Median Sold Price

$430,000

$298/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$75,000(+21.1%)

Key Takeaway

Homes in Wrightwood have sold for 21.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 $225K$296K
+31.6%
2 $295.5K$362.5K
+22.7%
3 $375K$460K
+22.7%
4 $428.5K$560K
+30.7%
5+ $565K$675K
+19.5%

Median Sold Price Compared To Nearby Cities

Wrightwood
+21.1%
Phelan
+20.0%
Pinon Hills
+15.9%

How many homes are available in Wrightwood, CA?

Number of Homes For Sale

Apr 2022May 2022%
6762-7.5%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 32
-33.3%
2 2017
-15.0%
3 3028
-6.7%
4 910
+11.1%
5+ 55
0.0%

Number of Homes Sold

Apr 2022May 2022%
2312-47.8%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wrightwood, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Average Sale Time

May 2021May 2022%
18 Days12 Days-32.2%

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Wrightwood 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 Wrightwood, CA

There are 62 homes are for sale in Wrightwood, CA real estate market. The number of listings in Wrightwood, CA decreased by 7.5% between April 2022 and May 2022. Listings spent 12 days on the market in May 2022, and had a median list price of $430,000 during the same period. Listing prices have changed in this real estate market between April 2022 and May 2022: prices of 1 bedroom properties went up by 31.6%, prices of 2 bedrooms properties increased by 22.7%, the cost of 3 bedrooms properties went up by 22.7%, prices of 4 bedrooms properties increased by 30.7%, prices of 5 bedrooms properties increased by 19.5%. Housing inventory have changed in this real estate market: volume of 1 bedroom homes went down by 33.3%, volume of 2 bedrooms homes went down by 15%, the quantity of 3 bedrooms homes went down by 6.7%, 4 bedrooms homes inventory increased by 11.1%, number of 5 bedrooms homes remained the same. In May 2022 more than 6 listings in Wrightwood, CA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 4 were sold below.

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