Is Frazier Park, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Frazier Park is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Frazier Park, CA

How much do homes in Frazier Park, CA cost?

Median Sold Price

$345,000

$245/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,000(+1.5%)

Key Takeaway

Homes in Frazier Park have sold for 1.5% more than they did a year ago.

Summary: The median home sold price in Frazier Park was $345,000 in October 2024, up 1.5% from last year, and the median price per square foot was $245.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $217.4K$243.5K
+12.0%
2 $290K$305K
+5.2%
3 $367K$350K
-4.6%
4 $525K$439K
-16.4%
5+ $557.5K$567.5K
+1.8%

Summary: Frazier Park housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12%, 2 bedroom homes increased by 5.2%, 3 bedroom homes decreased by 4.6%, 4 bedroom homes decreased by 16.4%, and 5+ bedroom homes increased by 1.8%.

Housing Supply in Frazier Park, CA

How many homes are available in Frazier Park, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
125146+16.8%

Summary: The Frazier Park real estate market had 146 homes for sale in October 2024, a 16.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 44
0.0%
2 3031
+3.3%
3 4961
+24.5%
4 3538
+8.6%
5+ 712
+71.4%

Summary: The Frazier Park 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 3.3%, 3 bedroom homes increased by 24.5%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 71.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1615-6.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Frazier Park, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Frazier Park in October 2024, down by 6.3% month-over-month. Of the 15 sold homes, 60% were sold under asking, 27% were sold at asking, and 13% were sold over asking.

Days on Market for Frazier Park, CA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
38 Days50 Days+31.1%

Summary: Homes in Frazier Park had an average of 50 days on market in Oct 2024, up by 31.1% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Frazier Park has remained consistent over time.

Summary: During October 2024, 15 homes were sold in Frazier Park; 40% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 13% 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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