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 November 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

$450,000

$244/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,000(+2.3%)

Key Takeaway

Homes in Pinon Hills have sold for 2.3% more than they did a year ago.

Summary: The median home sold price in Pinon Hills was $450,000 in November 2024, up 2.3% from last year, and the median price per square foot was $244.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $284K$145K
-48.9%
2 $275K$365K
+32.7%
3 $430K$422K
-1.9%
4 $500K$525K
+5.0%
5+ $635K$500K
-21.3%

Summary: Pinon Hills housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 48.9%, 2 bedroom homes increased by 32.7%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 5%, and 5+ bedroom homes decreased by 21.3%.

Median Sold Price Compared To Nearby Cities

Mount Baldy-Wrightwood
+4.5%
Phelan
+4.0%
Wrightwood
+3.4%
Pinon Hills
+2.3%
Llano
-12.9%

Housing Supply in Pinon Hills, CA

How many homes are available in Pinon Hills, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
30300.0%

Summary: The Pinon Hills real estate market had 30 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 56
+20.0%
3 1111
0.0%
4 1112
+9.1%
5+ 10
-100.0%

Summary: The Pinon Hills housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 20%, 3 bedroom homes remained the same, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

0 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 could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Pinon Hills in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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

Nov 2023Nov 2024CHANGE
33 Days13 Days-59.7%

Summary: Homes in Pinon Hills had an average of 13 days on market in Nov 2024, down by 59.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were 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 November 2024, 2 homes were sold in Pinon Hills; 100% of homes were sold within 30 days, 0% 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 17 Days Ago

Newest Listings in Pinon Hills, CA

Nearby Markets to Pinon Hills, CA

What housing markets are near Pinon Hills, CA?