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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Idyllwild is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Idyllwild has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Idyllwild, CA

How much do homes in Idyllwild, CA cost?

Median Sold Price

$516,000

$318/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$9,000(-1.7%)

Key Takeaway

Homes in Idyllwild have sold for 1.7% less than they did a year ago.

Summary: The median home sold price in Idyllwild was $516,000 in November 2024, down 1.7% from last year, and the median price per square foot was $318.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $344.7K$351.7K
+2.0%
2 $435K$425K
-2.3%
3 $560K$550K
-1.8%
4 $648.5K$709K
+9.3%
5+ $855K$895K
+4.7%

Summary: Idyllwild housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2%, 2 bedroom homes decreased by 2.3%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 4.7%.

Median Sold Price Compared To Nearby Cities

Mountain Center
+19.5%
Hemet-San Jacinto
+7.9%
Anza
+7.5%
Idyllwild
-1.7%
Aguanga
-4.8%

Housing Supply in Idyllwild, CA

How many homes are available in Idyllwild, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
208197-5.3%

Summary: The Idyllwild real estate market had 197 homes for sale in November 2024, a 5.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 88
0.0%
2 5353
0.0%
3 9285
-7.6%
4 4037
-7.5%
5+ 1514
-6.7%

Summary: The Idyllwild 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 decreased by 7.6%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes decreased by 6.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2119-9.5%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Idyllwild, you may be able to get a good deal. 63.2% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Idyllwild in November 2024, down by 9.5% month-over-month. Of the 19 sold homes, 63% were sold under asking, 21% were sold at asking, and 16% 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

Nov 2023Nov 2024CHANGE
26 Days76 Days+186.3%

Summary: Homes in Idyllwild had an average of 76 days on market in Nov 2024, up by 186.3% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Idyllwild has remained consistent over time.

Summary: During November 2024, 19 homes were sold in Idyllwild; 26% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 37% 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 17 Days Ago

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