Is Pinon Hills, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pinon Hills is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Pinon Hills was a Neutral Market.

Key Takeaway

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

Housing Prices in Pinon Hills, CA

How much do homes in Pinon Hills, CA cost?

Median Sold Price

$445,000

$246/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$14,500(-3.2%)

Key Takeaway

Homes in Pinon Hills have sold for 3.2% less than they did a year ago.

Summary: The median home sold price in Pinon Hills was $445,000 in October 2024, down 3.2% from last year, and the median price per square foot was $246.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $284K$145K
-48.9%
2 $275K$345K
+25.5%
3 $449K$415K
-7.6%
4 $490K$522.5K
+6.6%
5+ $612.5K$500K
-18.4%

Summary: Pinon Hills housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 48.9%, 2 bedroom homes increased by 25.5%, 3 bedroom homes decreased by 7.6%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes decreased by 18.4%.

Median Sold Price Compared To Nearby Cities

Phelan
+6.9%
Mount Baldy-Wrightwood
+4.8%
Wrightwood
+2.8%
Pinon Hills
-3.2%

Housing Supply in Pinon Hills, CA

How many homes are available in Pinon Hills, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2629+11.5%

Summary: The Pinon Hills real estate market had 29 homes for sale in October 2024, a 11.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 75
-28.6%
3 912
+33.3%
4 89
+12.5%
5+ 11
0.0%

Summary: The Pinon Hills housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 28.6%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 4 homes were sold or pending in Pinon Hills in October 2024, down by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Pinon Hills, CA

How long does it take to sell a home in Pinon Hills, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
48 Days45 Days-5.7%

Summary: Homes in Pinon Hills had an average of 45 days on market in Oct 2024, down by 5.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Pinon Hills are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in Pinon Hills; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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

Newest Listings in Pinon Hills, CA

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