Is Mount Baldy-Wrightwood, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Mount Baldy-Wrightwood has remained a Seller's Market.
Housing Prices in Mount Baldy-Wrightwood, CA
How much do homes in Mount Baldy-Wrightwood, CA cost?
Median Sold Price
$437,000
$314/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Mount Baldy-Wrightwood was $437,000 in May 2024, down 5.4% from last year, and the median price per square foot was $314.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $400K | $275K | -31.3% |
2 Bedrooms | $381K | $377K | -1.0% |
3 Bedrooms | $494K | $466.2K | -5.6% |
4 Bedrooms | $560K | $540K | -3.6% |
5+ Bedrooms | $878K | $1.1M | +35.5% |
Summary: Mount Baldy-Wrightwood housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.3%, 2 bedroom homes decreased by 1%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes increased by 35.5%.
Median Sold Price Compared To Nearby Cities
Rancho Cucamonga | $710K | $750K | +5.6% |
Phelan | $448K | $460K | +2.7% |
Wrightwood | $450K | $439.5K | -2.3% |
Mount Baldy-Wrightwood | $462K | $437K | -5.4% |
Housing Supply in Mount Baldy-Wrightwood, CA
How many homes are available in Mount Baldy-Wrightwood, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
60 | 67 | +11.7% |
Summary: The Mount Baldy-Wrightwood real estate market had 67 homes for sale in May 2024, a 11.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 16 | 18 | +12.5% |
3 Bedrooms | 31 | 32 | +3.2% |
4 Bedrooms | 7 | 10 | +42.9% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Mount Baldy-Wrightwood housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 19 | +90.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Mount Baldy-Wrightwood in May 2024, up by 90.0% month-over-month. Of the 19 sold homes, 58% were sold under asking, 32% were sold at asking, and 11% were sold over asking.
Days on Market for Mount Baldy-Wrightwood, CA
How long does it take to sell a home in Mount Baldy-Wrightwood, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
79 Days | 53 Days | -32.7% |
Summary: Homes in Mount Baldy-Wrightwood had an average of 53 days on market in May 2024, down by 32.7% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 19 homes were sold in Mount Baldy-Wrightwood; 58% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.