$469,000
0.47 Acres
Land
David Eckert, Listing Office: Coldwell Banker Realty
Is Forestland, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Forestland was a Seller's Market.
Key Takeaway
Forestland is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Forestland, CA
How much do homes in Forestland, CA cost?
Median Sold Price
$1,420,000
$560/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$70,000(-4.7%)
Key Takeaway
Homes in Forestland have sold for 4.7% less than they did a year ago.
Summary: The median home sold price in Forestland was $1,420,000 in November 2024, down 4.7% from last year, and the median price per square foot was $560.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $1.0M | $950K | -13.2% |
| 3 Bedrooms | $1.3M | $1.3M | -2.8% |
| 4 Bedrooms | $1.7M | $1.4M | -16.9% |
| 5+ Bedrooms | - | $1.9M | N/A |
Summary: Forestland housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.2%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes decreased by 16.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Montclair | $1.5M | $1.4M | -1.2% |
| Forestland | $1.4M | $1.4M | -4.7% |
| Piedmont Pines | $1.6M | $1.4M | -11.8% |
| Shephard Canyon | $1.4M | $1.1M | -23.1% |
Housing Supply in Forestland, CA
How many homes are available in Forestland, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 12 | -14.3% |
Summary: The Forestland real estate market had 12 homes for sale in November 2024, a 14.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Forestland housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Forestland, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Forestland in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Forestland, CA
How long does it take to sell a home in Forestland, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 27 Days | 100 Days | +270.4% |
Summary: Homes in Forestland had an average of 100 days on market in Nov 2024, up by 270.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Forestland are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 1 homes were sold in Forestland; 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.
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