Is Fawnskin, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Fawnskin was a Seller's Market.
Key Takeaway
Fawnskin is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Fawnskin, CA
How much do homes in Fawnskin, CA cost?
Median Sold Price
$575,000
$381/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Fawnskin have sold for 1.7% less than they did a year ago.
Summary: The median home sold price in Fawnskin was $575,000 in April 2024, down 1.7% from last year, and the median price per square foot was $381.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $355K | $230K | -35.2% |
| 2 Bedrooms | $356K | $482.5K | +35.5% |
| 3 Bedrooms | $585.7K | $724.9K | +23.8% |
| 4 Bedrooms | $1.1M | $660K | -42.9% |
| 5+ Bedrooms | $2.0M | $899K | -55.0% |
Summary: Fawnskin housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 35.2%, 2 bedroom homes increased by 35.5%, 3 bedroom homes increased by 23.8%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes decreased by 55%.
Median Sold Price Compared To Nearby Cities
| Lucerne Valley | $280K | $298.8K | +6.7% |
| Big Bear | $450K | $451.7K | 0.4% |
| Fawnskin | $585K | $575K | -1.7% |
| Big Bear Lake | $649K | $625K | -3.7% |
Housing Supply in Fawnskin, CA
How many homes are available in Fawnskin, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 32 | 39 | +21.9% |
Summary: The Fawnskin real estate market had 39 homes for sale in April 2024, a 21.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 9 | 10 | +11.1% |
| 3 Bedrooms | 11 | 13 | +18.2% |
| 4 Bedrooms | 7 | 10 | +42.9% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Fawnskin housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fawnskin, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Fawnskin in April 2024, down by 40.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Fawnskin, CA
How long does it take to sell a home in Fawnskin, CA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 114 Days | 150 Days | +31.4% |
Summary: Homes in Fawnskin had an average of 150 days on market in Apr 2024, up by 31.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Fawnskin are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 3 homes were sold in Fawnskin; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.