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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Skyforest is a buyer's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Skyforest, CA

How much do homes in Skyforest, CA cost?

Median Sold Price

$435,500

$344/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$24,500(-5.3%)

Key Takeaway

Homes in Skyforest have sold for 5.3% less than they did a year ago.

Summary: The median home sold price in Skyforest was $435,500 in September 2024, down 5.3% from last year, and the median price per square foot was $344.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 -$212.5K
N/A
2 $389K$360K
-7.5%
3 $525K$450K
-14.3%
4 $858K$798.7K
-6.9%
5+ $1.3M-
N/A

Summary: Skyforest housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.5%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Cedar Glen
+20.8%
Lake Arrowhead
-1.8%
Big Bear
-2.2%
Skyforest
-5.3%

Housing Supply in Skyforest, CA

How many homes are available in Skyforest, CA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
5046-8.0%

Summary: The Skyforest real estate market had 46 homes for sale in September 2024, a 8.0% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 22
0.0%
2 1311
-15.4%
3 2321
-8.7%
4 78
+14.3%
5+ 54
-20.0%

Summary: The Skyforest housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 15.4%, 3 bedroom homes decreased by 8.7%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
72-71.4%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 2 homes were sold or pending in Skyforest in September 2024, down by 71.4% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Skyforest, CA

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

Average Sale Time

Sep 2023Sep 2024CHANGE
33 Days30 Days-10.9%

Summary: Homes in Skyforest had an average of 30 days on market in Sep 2024, down by 10.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 2 homes were sold in Skyforest; 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 29 Days Ago

Newest Listings in Skyforest, CA

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