Is Idyllwild, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Idyllwild was a Seller's Market.
Housing Prices in Idyllwild, CA
How much do homes in Idyllwild, CA cost?
Median Sold Price
$525,000
$316/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Idyllwild was $525,000 in May 2024, up 5% from last year, and the median price per square foot was $316.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $365K | $334.5K | -8.4% |
2 Bedrooms | $432.5K | $455K | +5.2% |
3 Bedrooms | $530K | $545K | +2.8% |
4 Bedrooms | $605K | $724.1K | +19.7% |
5+ Bedrooms | $950K | $810K | -14.7% |
Summary: Idyllwild housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.4%, 2 bedroom homes increased by 5.2%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 19.7%, and 5+ bedroom homes decreased by 14.7%.
Median Sold Price Compared To Nearby Cities
Mountain Center | $495K | $800K | +61.6% |
Aguanga | $525K | $587K | +11.8% |
Idyllwild | $500K | $525K | +5.0% |
Anza | $385K | $395K | +2.6% |
Hemet-San Jacinto | $429.9K | $439.4K | +2.2% |
Housing Supply in Idyllwild, CA
How many homes are available in Idyllwild, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
174 | 189 | +8.6% |
Summary: The Idyllwild real estate market had 189 homes for sale in May 2024, a 8.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 7 | +16.7% |
2 Bedrooms | 56 | 65 | +16.1% |
3 Bedrooms | 66 | 71 | +7.6% |
4 Bedrooms | 33 | 32 | -3.0% |
5+ Bedrooms | 13 | 14 | +7.7% |
Summary: The Idyllwild housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 16.1%, 3 bedroom homes increased by 7.6%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 7.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
29 | 25 | -13.8% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Idyllwild in May 2024, down by 13.8% month-over-month. Of the 25 sold homes, 48% were sold under asking, 44% were sold at asking, and 8% were sold over asking.
Days on Market for Idyllwild, CA
How long does it take to sell a home in Idyllwild, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
55 Days | 84 Days | +53.6% |
Summary: Homes in Idyllwild had an average of 84 days on market in May 2024, up by 53.6% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During May 2024, 25 homes were sold in Idyllwild; 44% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.