Is San Gorgonio Pass, 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 Gorgonio Pass has remained a Seller's Market.
Housing Prices in San Gorgonio Pass, CA
How much do homes in San Gorgonio Pass, CA cost?
Median Sold Price
$469,319
$258/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in San Gorgonio Pass was $469,319 in March 2024, down 1.1% from last year, and the median price per square foot was $258.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $260K | $227.5K | -12.5% |
2 Bedrooms | $388K | $380K | -2.1% |
3 Bedrooms | $455K | $460K | +1.1% |
4 Bedrooms | $542.1K | $542.1K | 0.0% |
5+ Bedrooms | $590K | $610K | +3.4% |
Summary: San Gorgonio Pass housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.5%, 2 bedroom homes decreased by 2.1%, 3 bedroom homes increased by 1.1%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 3.4%.
Housing Supply in San Gorgonio Pass, CA
How many homes are available in San Gorgonio Pass, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
407 | 413 | +1.5% |
Summary: The San Gorgonio Pass real estate market had 413 homes for sale in March 2024, a 1.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 1 | -66.7% |
2 Bedrooms | 116 | 123 | +6.0% |
3 Bedrooms | 130 | 130 | 0.0% |
4 Bedrooms | 116 | 115 | -0.9% |
5+ Bedrooms | 42 | 44 | +4.8% |
Summary: The San Gorgonio Pass housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes increased by 6%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes increased by 4.8%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
85 | 89 | +4.7% |
Asking Price vs. Sold Price
35 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
33 Homes Were Sold
Over Asking
Summary: A total of 89 homes were sold or pending in San Gorgonio Pass in March 2024, up by 4.7% month-over-month. Of the 89 sold homes, 39% were sold under asking, 24% were sold at asking, and 37% were sold over asking.
Days on Market for San Gorgonio Pass, CA
How long does it take to sell a home in San Gorgonio Pass, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
61 Days | 39 Days | -35.4% |
Summary: Homes in San Gorgonio Pass had an average of 39 days on market in Mar 2024, down by 35.4% compared to last year.
Breakdown of Home Sale Times
55 Homes Were Sold
Under 30 Days
23 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During March 2024, 89 homes were sold in San Gorgonio Pass; 62% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.