Is San Bernardino, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
Since last year, San Bernardino has remained a Seller's Market.
Housing Prices in San Bernardino, CA
How much do homes in San Bernardino, CA cost?
Median Sold Price
$455,642
$337/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Summary: The median home sold price in San Bernardino was $455,642 in November 2023, down 0.9% from last year, and the median price per square foot was $337.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | $229.5K | $260K | +13.3% |
2 Bedrooms | $360K | $357K | -0.8% |
3 Bedrooms | $460.1K | $460K | 0% |
4 Bedrooms | $525K | $540K | +2.9% |
5+ Bedrooms | $612.5K | $600K | -2.0% |
Summary: San Bernardino housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 13.3%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes did not change, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 2%.
Median Sold Price Compared To Nearby Cities
Rialto | $535K | $550K | +2.8% |
Loma Linda | $572.5K | $577K | +0.8% |
San Bernardino | $460K | $455.6K | -0.9% |
Colton | $470K | $465.2K | -1.0% |
Highland | $525K | $515.5K | -1.8% |
Housing Supply in San Bernardino, CA
How many homes are available in San Bernardino, CA?
Number of Homes For Sale
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
457 | 432 | -5.5% |
Summary: The San Bernardino real estate market had 432 homes for sale in November 2023, a 5.5% decrease compared to October 2023.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | 11 | 10 | -9.1% |
2 Bedrooms | 89 | 96 | +7.9% |
3 Bedrooms | 216 | 197 | -8.8% |
4 Bedrooms | 117 | 103 | -12.0% |
5+ Bedrooms | 24 | 26 | +8.3% |
Summary: The San Bernardino housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 9.1%, 2 bedroom homes increased by 7.9%, 3 bedroom homes decreased by 8.8%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
116 | 88 | -24.1% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
52 Homes Were Sold
Over Asking
Summary: A total of 88 homes were sold or pending in San Bernardino in November 2023, down by 24.1% month-over-month. Of the 88 sold homes, 22% were sold under asking, 19% were sold at asking, and 59% were sold over asking.
Days on Market for San Bernardino, CA
How long does it take to sell a home in San Bernardino, CA?
Average Sale Time
Nov 2022 | Nov 2023 | CHANGE |
---|---|---|
27 Days | 28 Days | +1.5% |
Summary: Homes in San Bernardino had an average of 28 days on market in Nov 2023, up by 1.5% compared to last year.
Breakdown of Home Sale Times
62 Homes Were Sold
Under 30 Days
23 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During November 2023, 88 homes were sold in San Bernardino; 70% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.