Is San Gorgonio Pass, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing San Gorgonio Pass is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, San Gorgonio Pass has remained a Seller's Market.

Key Takeaway

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

How much do homes in San Gorgonio Pass, CA cost?

Median Sold Price

$480,582

$265/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$60,582(+14.4%)

Key Takeaway

Homes in San Gorgonio Pass have sold for 14.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $206K$247.5K
+20.1%
2 $350K$386.5K
+10.4%
3 $400K$460K
+15.0%
4 $490K$542.2K
+10.7%
5+ $550K$600K
+9.1%

Median Sold Price Compared To Nearby Cities

Cabazon
+17.6%
Banning
+16.7%
Beaumont
+15.4%
Calimesa
+15.2%
San Gorgonio Pass
+14.4%

How many homes are available in San Gorgonio Pass, CA?

Number of Homes For Sale

Oct 2022Nov 2022%
487476-2.3%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 21
-50.0%
2 151152
+0.7%
3 157155
-1.3%
4 128121
-5.5%
5+ 4947
-4.1%

Number of Homes Sold

Oct 2022Nov 2022%
9490-4.3%

Asking Price vs. Sold Price

36 Homes Were Sold
Under Asking

29 Homes Were Sold
At Asking

25 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in San Gorgonio Pass, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
22 Days45 Days+105.2%

Breakdown of Home Sale Times

40 Homes Were Sold
Under 30 Days

37 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in San Gorgonio Pass 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 Gorgonio Pass, CA

Number of homes for sale in San Gorgonio Pass, CA real estate market have reached 476. In November 2022 in San Gorgonio Pass, CA there were 2.3% less homes for sale than in October 2022. In November 2022, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $480,582. Listing prices have changed in this real estate market between October 2022 and November 2022: prices of 1 bedroom properties increased by 20.1%, 2 bedrooms properties prices increased by 10.4%, 3 bedrooms properties became 15% more expensive, prices of 4 bedrooms properties increased by 10.7%, prices of 5 bedrooms properties increased by 9.1%. Volume of homes for sale changed: number of 1 bedroom homes decreased by 50%, number of 2 bedrooms homes increased by 0.7%, 3 bedrooms homes inventory decreased by 1.3%, 4 bedrooms homes became 5.5% less available, number of 5 bedrooms homes decreased by 4.1%. In November 2022 more than 25 listings in San Gorgonio Pass, CA were sold above the asking price. During the same period more than 29 listings were sold at asking price, while more than 36 were sold below.

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