Is Beaumont, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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
$520,000
$254/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Beaumont was $520,000 in June 2024, up 3.9% from last year, and the median price per square foot was $254.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $270K | $225K | -16.7% |
2 Bedrooms | $430K | $429K | -0.2% |
3 Bedrooms | $480K | $490K | +2.1% |
4 Bedrooms | $533.1K | $547.7K | +2.7% |
5+ Bedrooms | $585K | $605K | +3.4% |
Summary: Beaumont housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.7%, 2 bedroom homes decreased by 0.2%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 3.4%.
Median Sold Price Compared To Nearby Cities
Hemet-San Jacinto | $425.6K | $443K | +4.1% |
Beaumont | $500.6K | $520K | +3.9% |
San Gorgonio Pass | $462K | $480K | +3.9% |
Banning | $373.8K | $384.3K | +2.8% |
Calimesa | $550K | $555K | +0.9% |
Housing Supply in Beaumont, CA
How many homes are available in Beaumont, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
298 | 293 | -1.7% |
Summary: The Beaumont real estate market had 293 homes for sale in June 2024, a 1.7% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 61 | 66 | +8.2% |
3 Bedrooms | 69 | 70 | +1.4% |
4 Bedrooms | 125 | 119 | -4.8% |
5+ Bedrooms | 42 | 37 | -11.9% |
Summary: The Beaumont housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 1.4%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes decreased by 11.9%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
64 | 75 | +17.2% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
26 Homes Were Sold
At Asking
29 Homes Were Sold
Over Asking
Summary: A total of 75 homes were sold or pending in Beaumont in June 2024, up by 17.2% month-over-month. Of the 75 sold homes, 27% were sold under asking, 35% were sold at asking, and 39% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
37 Days | 37 Days | -0.4% |
Summary: Homes in Beaumont had an average of 37 days on market in Jun 2024, down by 0.4% compared to last year.
Breakdown of Home Sale Times
42 Homes Were Sold
Under 30 Days
27 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During June 2024, 75 homes were sold in Beaumont; 56% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.