Is Idyllwild, 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, Idyllwild was a Seller's Market.
Key Takeaway
Idyllwild is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Idyllwild, CA
How much do homes in Idyllwild, CA cost?
Median Sold Price
$520,000
$320/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in Idyllwild has remained the same since last year.
Summary: The median home sold price in Idyllwild was $520,000 in April 2024, up 0.4% from last year, and the median price per square foot was $320.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $405K | $334.5K | -17.4% |
| 2 Bedrooms | $437.4K | $442.5K | +1.2% |
| 3 Bedrooms | $550K | $540K | -1.8% |
| 4 Bedrooms | $615K | $724.1K | +17.7% |
| 5+ Bedrooms | $950K | $810K | -14.7% |
Summary: Idyllwild housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.4%, 2 bedroom homes increased by 1.2%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes increased by 17.7%, and 5+ bedroom homes decreased by 14.7%.
Median Sold Price Compared To Nearby Cities
| Mountain Center | $650K | $800K | +23.1% |
| Aguanga | $525K | $560K | +6.7% |
| Hemet-San Jacinto | $430.7K | $434.5K | +0.9% |
| Anza | $387.5K | $390K | +0.6% |
| Idyllwild | $518K | $520K | 0.4% |
Housing Supply in Idyllwild, CA
How many homes are available in Idyllwild, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 152 | 167 | +9.9% |
Summary: The Idyllwild real estate market had 167 homes for sale in April 2024, a 9.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 6 | +100.0% |
| 2 Bedrooms | 44 | 51 | +15.9% |
| 3 Bedrooms | 67 | 65 | -3.0% |
| 4 Bedrooms | 28 | 31 | +10.7% |
| 5+ Bedrooms | 10 | 14 | +40.0% |
Summary: The Idyllwild 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 15.9%, 3 bedroom homes decreased by 3%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 27 | 28 | +3.7% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Idyllwild, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 28 homes were sold or pending in Idyllwild in April 2024, up by 3.7% month-over-month. Of the 28 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for Idyllwild, CA
How long does it take to sell a home in Idyllwild, CA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 91 Days | 80 Days | -11.7% |
Summary: Homes in Idyllwild had an average of 80 days on market in Apr 2024, down by 11.7% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Idyllwild are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 28 homes were sold in Idyllwild; 29% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 43% 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.