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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sugarloaf is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Sugarloaf was a Seller's Market.

Key Takeaway

Sugarloaf is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Sugarloaf, CA

How much do homes in Sugarloaf, CA cost?

Median Sold Price

$310,000

$373/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$37,750(-10.9%)

Key Takeaway

Homes in Sugarloaf have sold for 10.9% less than they did a year ago.

Summary: The median home sold price in Sugarloaf was $310,000 in September 2024, down 10.9% from last year, and the median price per square foot was $373.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $264.7K$225K
-15.0%
2 $335K$310K
-7.5%
3 $395.7K$392K
-0.9%
4 $527.5K$495K
-6.2%
5+ --
N/A

Summary: Sugarloaf housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15%, 2 bedroom homes decreased by 7.5%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes decreased by 6.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Big Bear
-2.2%
Sugarloaf
-10.9%

Housing Supply in Sugarloaf, CA

How many homes are available in Sugarloaf, CA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
4746-2.1%

Summary: The Sugarloaf real estate market had 46 homes for sale in September 2024, a 2.1% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 45
+25.0%
2 3129
-6.5%
3 1111
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Sugarloaf housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 6.5%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
96-33.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sugarloaf, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Sugarloaf in September 2024, down by 33.3% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Sugarloaf, CA

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

Average Sale Time

Sep 2023Sep 2024CHANGE
30 Days23 Days-23.2%

Summary: Homes in Sugarloaf had an average of 23 days on market in Sep 2024, down by 23.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sugarloaf are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 6 homes were sold in Sugarloaf; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 30 Days Ago

Newest Listings in Sugarloaf, CA

Nearby Markets to Sugarloaf, CA

What housing markets are near Sugarloaf, CA?