Is Forest Falls, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Forest Falls was a Buyer's Market.
Housing Prices in Forest Falls, CA
How much do homes in Forest Falls, CA cost?
Median Sold Price
$337,500
$284/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Forest Falls was $337,500 in May 2024, up 16.8% from last month, and the median price per square foot was $284.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $289K | $230K | -20.4% |
2 Bedrooms | - | $260K | N/A |
3 Bedrooms | - | $486.5K | N/A |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Forest Falls housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 20.4%, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Forest Falls, CA
How many homes are available in Forest Falls, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
18 | 24 | +33.3% |
Summary: The Forest Falls real estate market had 24 homes for sale in May 2024, a 33.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 5 | 8 | +60.0% |
3 Bedrooms | 7 | 9 | +28.6% |
4 Bedrooms | 1 | 3 | +200.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Forest Falls housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 60%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 4 | +300.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Forest Falls in May 2024, up by 300.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Forest Falls, CA
How long does it take to sell a home in Forest Falls, CA?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
9 Days | 59 Days | +563.9% |
Summary: Homes in Forest Falls had an average of 59 days on market in May 2024, up by 563.9% compared to last month.
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
Summary: During May 2024, 4 homes were sold in Forest Falls; 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.