Is San Bernardino County, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing San Bernardino County is a seller's market

Buyer's
Market

Difference Since October 2021

Since last year, San Bernardino County has remained a Seller's Market.

Key Takeaway

San Bernardino County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in San Bernardino County, CA cost?

Median Sold Price

$499,832

$317/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$61,335(+14.0%)

Key Takeaway

Homes in San Bernardino County have sold for 14% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $230K$280K
+21.7%
2 $324.9K$374.9K
+15.4%
3 $420K$480.5K
+14.4%
4 $534.9K$599.5K
+12.1%
5+ $682.3K$735.1K
+7.7%

Median Sold Price Compared To Nearby Counties

Clark County
+20.0%
Riverside County
+15.2%
San Bernardino County
+14.0%
Orange County
+14.0%
Los Angeles County
+8.8%

How many homes are available in San Bernardino County, CA?

Number of Homes For Sale

Sep 2022Oct 2022%
7,5867,278-4.1%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 208198
-4.8%
2 1,2011,139
-5.2%
3 3,2213,088
-4.1%
4 2,1952,145
-2.3%
5+ 761708
-7.0%

Number of Homes Sold

Sep 2022Oct 2022%
1,6941,405-17.1%

Asking Price vs. Sold Price

654 Homes Were Sold
Under Asking

287 Homes Were Sold
At Asking

464 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in San Bernardino County, you may be able to get a good deal. 46.5% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
22 Days37 Days+65.2%

Breakdown of Home Sale Times

760 Homes Were Sold
Under 30 Days

514 Homes Were Sold
In 30 - 90 Days

131 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in San Bernardino County are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About San Bernardino County, CA

Number of homes for sale in San Bernardino County, CA real estate market have reached 7,278. Between September 2022 and October 2022, San Bernardino County, CA real estate market has seen decrease in the number of listings by 4.1%. While the average time on the market in October 2022 was 37 days, the median list price was $499,832. This housing market listing prices have changed between September 2022 and October 2022: prices of 1 bedroom properties went up by 21.7%, 2 bedrooms properties became 15.4% more expensive, the cost of 3 bedrooms properties went up by 14.4%, 4 bedrooms properties became 12.1% more expensive, prices of 5 bedrooms properties went up by 7.7%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes became 4.8% less available, 2 bedrooms homes became 5.2% less available, volume of 3 bedrooms homes went down by 4.1%, the quantity of 4 bedrooms homes went down by 2.3%, volume of 5 bedrooms homes went down by 7%. San Bernardino County, CA housing market in October 2022 saw over 464 listings sold above listed price, more than 287 sold at listed price and over 654 sold below.

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