Is Sugarloaf, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Sugarloaf was a Seller's Market.
Housing Prices in Sugarloaf, CA
How much do homes in Sugarloaf, CA cost?
Median Sold Price
$315,000
$343/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Sugarloaf was $315,000 in May 2024, down 10% from last year, and the median price per square foot was $343.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $272.5K | $235K | -13.8% |
2 Bedrooms | $340K | $310K | -8.8% |
3 Bedrooms | $420K | $385K | -8.3% |
4 Bedrooms | $543.7K | $434K | -20.2% |
5+ Bedrooms | - | - | N/A |
Summary: Sugarloaf housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.8%, 2 bedroom homes decreased by 8.8%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 20.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Big Bear | $449.4K | $449.2K | -0.1% |
Sugarloaf | $350K | $315K | -10.0% |
Housing Supply in Sugarloaf, CA
How many homes are available in Sugarloaf, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
37 | 41 | +10.8% |
Summary: The Sugarloaf real estate market had 41 homes for sale in May 2024, a 10.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 19 | 20 | +5.3% |
3 Bedrooms | 13 | 15 | +15.4% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Sugarloaf housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 5 | -16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Sugarloaf in May 2024, down by 16.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Sugarloaf, CA
How long does it take to sell a home in Sugarloaf, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
32 Days | 38 Days | +15.9% |
Summary: Homes in Sugarloaf had an average of 38 days on market in May 2024, up by 15.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 5 homes were sold in Sugarloaf; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.