Is Beaumont, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Beaumont has remained a Seller's Market.
Key Takeaway
Beaumont is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Beaumont, CA
How much do homes in Beaumont, CA cost?
Median Sold Price
$512,483
$254/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in Beaumont has remained the same since last year.
Summary: The median home sold price in Beaumont was $512,483 in April 2024, up 0.2% from last year, and the median price per square foot was $254.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $275K | $242.5K | -11.8% |
| 2 Bedrooms | $435K | $429K | -1.4% |
| 3 Bedrooms | $479K | $485K | +1.3% |
| 4 Bedrooms | $540K | $542.2K | 0.4% |
| 5+ Bedrooms | $588K | $605K | +2.9% |
Summary: Beaumont housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.8%, 2 bedroom homes decreased by 1.4%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes increased by 2.9%.
Median Sold Price Compared To Nearby Cities
| Calimesa | $538.2K | $550K | +2.2% |
| Hemet-San Jacinto | $430.7K | $434.5K | +0.9% |
| Beaumont | $511.3K | $512.4K | 0.2% |
| San Gorgonio Pass | $469.5K | $469.9K | 0.1% |
| Banning | $385K | $375K | -2.6% |
Housing Supply in Beaumont, CA
How many homes are available in Beaumont, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 227 | 241 | +6.2% |
Summary: The Beaumont real estate market had 241 homes for sale in April 2024, a 6.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 42 | 41 | -2.4% |
| 3 Bedrooms | 63 | 71 | +12.7% |
| 4 Bedrooms | 88 | 95 | +8.0% |
| 5+ Bedrooms | 33 | 33 | 0.0% |
Summary: The Beaumont housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 2.4%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 44 | 56 | +27.3% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Beaumont, you may be able to get a good deal. 41.1% of homes here sold below asking price last month.
Summary: A total of 56 homes were sold or pending in Beaumont in April 2024, up by 27.3% month-over-month. Of the 56 sold homes, 41% were sold under asking, 36% were sold at asking, and 23% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 46 Days | 41 Days | -10.5% |
Summary: Homes in Beaumont had an average of 41 days on market in Apr 2024, down by 10.5% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Beaumont are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 56 homes were sold in Beaumont; 57% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.