Is Cedar Glen, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cedar Glen is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Cedar Glen, CA

How much do homes in Cedar Glen, CA cost?

Median Sold Price

$480,000

$315/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$101,000(+26.6%)

Key Takeaway

Homes in Cedar Glen have sold for 26.6% more than they did a year ago.

Summary: The median home sold price in Cedar Glen was $480,000 in October 2024, up 26.6% from last year, and the median price per square foot was $315.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $288K$218K
-24.3%
2 $370K$295K
-20.3%
3 $462.5K$575K
+24.3%
4 $462.5K$519.5K
+12.3%
5+ -$680K
N/A

Summary: Cedar Glen housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 24.3%, 2 bedroom homes decreased by 20.3%, 3 bedroom homes increased by 24.3%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Cedar Glen
+26.6%
Skyforest
-1.1%
Lake Arrowhead
-1.3%
Big Bear
-2.4%
Green Valley Lake
-4.4%

Housing Supply in Cedar Glen, CA

How many homes are available in Cedar Glen, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
27270.0%

Summary: The Cedar Glen real estate market had 27 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 67
+16.7%
3 89
+12.5%
4 97
-22.2%
5+ 33
0.0%

Summary: The Cedar Glen housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
62-66.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cedar Glen, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Cedar Glen in October 2024, down by 66.7% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Cedar Glen, CA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
22 Days146 Days+563.6%

Summary: Homes in Cedar Glen had an average of 146 days on market in Oct 2024, up by 563.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Cedar Glen are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 2 homes were sold in Cedar Glen; 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.

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

Report Updated 16 Days Ago

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