Is San Bernardino County, 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, San Bernardino County has remained a Seller's Market.
Housing Prices in San Bernardino County, CA
How much do homes in San Bernardino County, CA cost?
Median Sold Price
$500,488
$319/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in San Bernardino County was $500,488 in March 2024, up 0.1% from last year, and the median price per square foot was $319.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $275K | $257.3K | -6.4% |
2 Bedrooms | $379.8K | $379.9K | 0.0% |
3 Bedrooms | $479.9K | $479.9K | 0.0% |
4 Bedrooms | $599.9K | $600.1K | 0.0% |
5+ Bedrooms | $749.6K | $754.5K | +0.7% |
Summary: San Bernardino County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.4%, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes increased by 0.7%.
Median Sold Price Compared To Nearby Counties
Los Angeles County | $855.1K | $874K | +2.2% |
Kern County | $352.3K | $358.6K | +1.8% |
Riverside County | $579.8K | $589.7K | +1.7% |
San Bernardino County | $499.9K | $500.4K | 0.1% |
Clark County | $422.1K | $414.9K | -1.7% |
Housing Supply in San Bernardino County, CA
How many homes are available in San Bernardino County, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5,724 | 6,071 | +6.1% |
Summary: The San Bernardino County real estate market had 6,071 homes for sale in March 2024, a 6.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 196 | 217 | +10.7% |
2 Bedrooms | 1,016 | 1,102 | +8.5% |
3 Bedrooms | 2,351 | 2,463 | +4.8% |
4 Bedrooms | 1,598 | 1,671 | +4.6% |
5+ Bedrooms | 563 | 618 | +9.8% |
Summary: The San Bernardino County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10.7%, 2 bedroom homes increased by 8.5%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes increased by 9.8%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1,174 | 1,260 | +7.3% |
Asking Price vs. Sold Price
475 Homes Were Sold
Under Asking
277 Homes Were Sold
At Asking
508 Homes Were Sold
Over Asking
Summary: A total of 1,260 homes were sold or pending in San Bernardino County in March 2024, up by 7.3% month-over-month. Of the 1,260 sold homes, 38% were sold under asking, 22% were sold at asking, and 40% were sold over asking.
Days on Market for San Bernardino County, CA
How long does it take to sell a home in San Bernardino County, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
53 Days | 38 Days | -26.5% |
Summary: Homes in San Bernardino County had an average of 38 days on market in Mar 2024, down by 26.5% compared to last year.
Breakdown of Home Sale Times
794 Homes Were Sold
Under 30 Days
291 Homes Were Sold
In 30 - 90 Days
174 Homes Were Sold
Over 90 Days
Summary: During March 2024, 1260 homes were sold in San Bernardino County; 63% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.