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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Barstow is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, Barstow has remained a Seller's Market.

Key Takeaway

Barstow is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Barstow, CA

How much do homes in Barstow, CA cost?

Median Sold Price

$263,850

$203/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$10,516(+4.2%)

Key Takeaway

Homes in Barstow have sold for 4.2% more than they did a year ago.

Summary: The median home sold price in Barstow was $263,850 in February 2024, up 4.2% from last year, and the median price per square foot was $203.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 -$100K
N/A
2 $188K$220K
+17.0%
3 $250K$260K
+4.0%
4 $300K$300K
0.0%
5+ $332K$333K
0.3%

Summary: Barstow housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17%, 3 bedroom homes increased by 4%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 0.3%.

Housing Supply in Barstow, CA

How many homes are available in Barstow, CA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
111122+9.9%

Summary: The Barstow real estate market had 122 homes for sale in February 2024, a 9.9% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 23
+50.0%
2 1620
+25.0%
3 5961
+3.4%
4 2529
+16.0%
5+ 99
0.0%

Summary: The Barstow housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 16%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
1425+78.6%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Barstow, you could pay more than the asking price. 48% of homes here sold above asking price last month.

Summary: A total of 25 homes were sold or pending in Barstow in February 2024, up by 78.6% month-over-month. Of the 25 sold homes, 32% were sold under asking, 20% were sold at asking, and 48% were sold over asking.

Days on Market for Barstow, CA

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

Average Sale Time

Feb 2023Feb 2024CHANGE
66 Days40 Days-38.6%

Summary: Homes in Barstow had an average of 40 days on market in Feb 2024, down by 38.6% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 25 homes were sold in Barstow; 64% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 12% 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 2 Days Ago

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