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 January 2023

At the same time last year, Wrightwood was a Neutral Market.

Key Takeaway

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

Housing Prices in Wrightwood, CA

How much do homes in Wrightwood, CA cost?

Median Sold Price

$440,000

$311/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2023

-$12,500(-2.8%)

Key Takeaway

Homes in Wrightwood have sold for 2.8% less than they did a year ago.

Summary: The median home sold price in Wrightwood was $440,000 in January 2024, down 2.8% from last year, and the median price per square foot was $311.

Median Sold Price By Bedroom Count

# BEDSJan 2023Jan 2024CHANGE
1 $302K$275K
-8.9%
2 $383K$383.7K
0.2%
3 $480K$475K
-1.0%
4 $552.5K$555K
0.5%
5+ $784.9K$620K
-21.0%

Summary: Wrightwood housing prices by bedroom type for January 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.9%, 2 bedroom homes increased by 0.2%, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes decreased by 21%.

Median Sold Price Compared To Nearby Cities

Phelan
-2.2%
Wrightwood
-2.8%
Pinon Hills
-6.6%

Housing Supply in Wrightwood, CA

How many homes are available in Wrightwood, CA?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE
41410.0%

Summary: The Wrightwood real estate market had 41 homes for sale in January 2024, the same as December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 10
-100.0%
2 1612
-25.0%
3 1621
+31.3%
4 66
0.0%
5+ 22
0.0%

Summary: The Wrightwood housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 31.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Dec 2023Jan 2024CHANGE
107-30.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wrightwood, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Wrightwood in January 2024, down by 30.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.

Days on Market for Wrightwood, CA

How long does it take to sell a home in Wrightwood, CA?

Average Sale Time

Jan 2023Jan 2024CHANGE
103 Days128 Days+23.5%

Summary: Homes in Wrightwood had an average of 128 days on market in Jan 2024, up by 23.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During January 2024, 7 homes were sold in Wrightwood; 14% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.

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

Report Updated 21 Days Ago

Newest Listings in Wrightwood, CA

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