Is North Redlands, 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, North Redlands has remained a Seller's Market.
Housing Prices in North Redlands, CA
How much do homes in North Redlands, CA cost?
Median Sold Price
$558,200
$354/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in North Redlands was $558,200 in April 2024, up 5.3% from last year, and the median price per square foot was $354.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $250K | $261K | +4.4% |
2 Bedrooms | $415K | $384K | -7.5% |
3 Bedrooms | $510K | $520K | +2.0% |
4 Bedrooms | $593K | $610K | +2.9% |
5+ Bedrooms | $735K | $733.8K | -0.2% |
Summary: North Redlands housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.4%, 2 bedroom homes decreased by 7.5%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 0.2%.
Median Sold Price Compared To Nearby Neighborhoods
Mentone | $460K | $497K | +8.0% |
North Redlands | $530K | $558.2K | +5.3% |
Housing Supply in North Redlands, CA
How many homes are available in North Redlands, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
57 | 62 | +8.8% |
Summary: The North Redlands real estate market had 62 homes for sale in April 2024, a 8.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 6 | 8 | +33.3% |
3 Bedrooms | 21 | 26 | +23.8% |
4 Bedrooms | 25 | 23 | -8.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The North Redlands housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 23.8%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 17 | +30.8% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in North Redlands in April 2024, up by 30.8% month-over-month. Of the 17 sold homes, 12% were sold under asking, 35% were sold at asking, and 53% were sold over asking.
Days on Market for North Redlands, CA
How long does it take to sell a home in North Redlands, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
48 Days | 19 Days | -59.3% |
Summary: Homes in North Redlands had an average of 19 days on market in Apr 2024, down by 59.3% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 17 homes were sold in North Redlands; 76% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.