$3,800 Closing Credit*
$320,000
750 SqFt
1 Bed
•1 Full Bath
Michelle Calkins, Listing Office: COLDWELL BANKER SKY RIDGE REALTY
Is Twin Peaks, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Twin Peaks was a Seller's Market.
Key Takeaway
Twin Peaks is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Twin Peaks, CA
How much do homes in Twin Peaks, CA cost?
Median Sold Price
$400,000
$295/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,778(+4.1%)
Key Takeaway
Homes in Twin Peaks have sold for 4.1% more than they did a year ago.
Summary: The median home sold price in Twin Peaks was $400,000 in November 2024, up 4.1% from last year, and the median price per square foot was $295.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $287.5K | $272.5K | -5.2% |
| 2 Bedrooms | $350K | $357K | +2.0% |
| 3 Bedrooms | $415K | $420K | +1.2% |
| 4 Bedrooms | $510K | $490K | -3.9% |
| 5+ Bedrooms | - | $350K | N/A |
Summary: Twin Peaks housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.2%, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 1.2%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Twin Peaks | $384.2K | $400K | +4.1% |
| Lake Arrowhead | $500K | $484K | -3.2% |
Housing Supply in Twin Peaks, CA
How many homes are available in Twin Peaks, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 49 | 44 | -10.2% |
Summary: The Twin Peaks real estate market had 44 homes for sale in November 2024, a 10.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 5 | -16.7% |
| 2 Bedrooms | 17 | 15 | -11.8% |
| 3 Bedrooms | 18 | 17 | -5.6% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Twin Peaks housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes decreased by 11.8%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Twin Peaks, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Twin Peaks in November 2024, down by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.
Days on Market for Twin Peaks, CA
How long does it take to sell a home in Twin Peaks, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 44 Days | 57 Days | +29.3% |
Summary: Homes in Twin Peaks had an average of 57 days on market in Nov 2024, up by 29.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Twin Peaks has remained consistent over time.
Summary: During November 2024, 3 homes were sold in Twin Peaks; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.