$5,937 Closing Credit*
$499,990
1,476 SqFt
3 Beds
•2 Full Baths
Jarrod Whitehorn, Listing Office: Jarrod Whitehorn, Broker
Is Twin Peaks, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$290/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$16,639(+4.3%)
Key Takeaway
Homes in Twin Peaks have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in Twin Peaks was $400,000 in October 2024, up 4.3% from last year, and the median price per square foot was $290.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $287.5K | $272.5K | -5.2% |
| 2 Bedrooms | $347.5K | $357K | +2.7% |
| 3 Bedrooms | $427.4K | $410K | -4.1% |
| 4 Bedrooms | $470K | $502.5K | +6.9% |
| 5+ Bedrooms | - | $350K | N/A |
Summary: Twin Peaks housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.2%, 2 bedroom homes increased by 2.7%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Twin Peaks | $383.3K | $400K | +4.3% |
| Lake Arrowhead | $495.5K | $489.2K | -1.3% |
Housing Supply in Twin Peaks, CA
How many homes are available in Twin Peaks, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 60 | 54 | -10.0% |
Summary: The Twin Peaks real estate market had 54 homes for sale in October 2024, a 10.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 6 | 0.0% |
| 2 Bedrooms | 20 | 17 | -15.0% |
| 3 Bedrooms | 25 | 22 | -12.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Twin Peaks housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 15%, 3 bedroom homes decreased by 12%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 6 | -33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Twin Peaks, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Twin Peaks in October 2024, down by 33.3% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 34 Days | 71 Days | +106.2% |
Summary: Homes in Twin Peaks had an average of 71 days on market in Oct 2024, up by 106.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Twin Peaks has remained consistent over time.
Summary: During October 2024, 6 homes were sold in Twin Peaks; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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.