Is Mount Baldy-Wrightwood, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mount Baldy-Wrightwood is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Mount Baldy-Wrightwood was a Buyer's Market.

Key Takeaway

Mount Baldy-Wrightwood is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Mount Baldy-Wrightwood, CA

How much do homes in Mount Baldy-Wrightwood, CA cost?

Median Sold Price

$460,000

$328/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,000(+4.5%)

Key Takeaway

Homes in Mount Baldy-Wrightwood have sold for 4.5% more than they did a year ago.

Summary: The median home sold price in Mount Baldy-Wrightwood was $460,000 in November 2024, up 4.5% from last year, and the median price per square foot was $328.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $297.8K$262.5K
-11.9%
2 $378.2K$375K
-0.8%
3 $474K$475K
0.2%
4 $557.5K$610K
+9.4%
5+ $627.4K$1.4M
+129.9%

Summary: Mount Baldy-Wrightwood housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.9%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes increased by 0.2%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 129.9%.

Median Sold Price Compared To Nearby Cities

Rancho Cucamonga
+5.2%
Mount Baldy-Wrightwood
+4.5%
Phelan
+4.0%
Wrightwood
+3.4%

Housing Supply in Mount Baldy-Wrightwood, CA

How many homes are available in Mount Baldy-Wrightwood, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6568+4.6%

Summary: The Mount Baldy-Wrightwood real estate market had 68 homes for sale in November 2024, a 4.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 43
-25.0%
2 2526
+4.0%
3 2328
+21.7%
4 108
-20.0%
5+ 33
0.0%

Summary: The Mount Baldy-Wrightwood housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 21.7%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
810+25.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mount Baldy-Wrightwood, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Mount Baldy-Wrightwood in November 2024, up by 25.0% month-over-month. Of the 10 sold homes, 50% were sold under asking, 20% were sold at asking, and 30% were sold over asking.

Days on Market for Mount Baldy-Wrightwood, CA

How long does it take to sell a home in Mount Baldy-Wrightwood, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
22 Days32 Days+49.1%

Summary: Homes in Mount Baldy-Wrightwood had an average of 32 days on market in Nov 2024, up by 49.1% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Mount Baldy-Wrightwood are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 10 homes were sold in Mount Baldy-Wrightwood; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 22 Days Ago

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