Is Beaumont, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Beaumont has remained a Seller's Market.
Housing Prices in Beaumont, CA
How much do homes in Beaumont, CA cost?
Median Sold Price
$510,277
$252/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Beaumont was $510,277 in March 2024, down 0.9% from last year, and the median price per square foot was $252.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $275K | $242.5K | -11.8% |
2 Bedrooms | $435K | $427K | -1.8% |
3 Bedrooms | $480K | $487.9K | +1.6% |
4 Bedrooms | $541.5K | $541.7K | 0.0% |
5+ Bedrooms | $590K | $605K | +2.5% |
Summary: Beaumont housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.8%, 2 bedroom homes decreased by 1.8%, 3 bedroom homes increased by 1.6%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 2.5%.
Median Sold Price Compared To Nearby Cities
Calimesa | $530K | $545K | +2.8% |
Hemet-San Jacinto | $434.4K | $431.7K | -0.6% |
Beaumont | $515K | $510.2K | -0.9% |
San Gorgonio Pass | $474.6K | $469.3K | -1.1% |
Banning | $386.8K | $375K | -3.1% |
Housing Supply in Beaumont, CA
How many homes are available in Beaumont, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
213 | 215 | +0.9% |
Summary: The Beaumont real estate market had 215 homes for sale in March 2024, a 0.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 40 | 41 | +2.5% |
3 Bedrooms | 53 | 55 | +3.8% |
4 Bedrooms | 85 | 84 | -1.2% |
5+ Bedrooms | 34 | 34 | 0.0% |
Summary: The Beaumont housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 3.8%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
46 | 44 | -4.3% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 44 homes were sold or pending in Beaumont in March 2024, down by 4.3% month-over-month. Of the 44 sold homes, 43% were sold under asking, 27% were sold at asking, and 30% were sold over asking.
Days on Market for Beaumont, CA
How long does it take to sell a home in Beaumont, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
60 Days | 47 Days | -22.3% |
Summary: Homes in Beaumont had an average of 47 days on market in Mar 2024, down by 22.3% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During March 2024, 44 homes were sold in Beaumont; 52% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.