Is Colton, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Colton has remained a Seller's Market.
Housing Prices in Colton, CA
How much do homes in Colton, CA cost?
Median Sold Price
$480,666
$350/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Colton was $480,666 in April 2024, up 3.4% from last year, and the median price per square foot was $350.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $195.5K | $245K | +25.3% |
2 Bedrooms | $377.5K | $400K | +6.0% |
3 Bedrooms | $470K | $485K | +3.2% |
4 Bedrooms | $521K | $550K | +5.6% |
5+ Bedrooms | $637.5K | $687.5K | +7.8% |
Summary: Colton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25.3%, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 7.8%.
Median Sold Price Compared To Nearby Cities
Grand Terrace | $509.5K | $585K | +14.8% |
Rialto | $540K | $560.6K | +3.8% |
Colton | $465K | $480.6K | +3.4% |
San Bernardino | $455K | $470K | +3.3% |
Loma Linda | $579K | $583.5K | +0.8% |
Housing Supply in Colton, CA
How many homes are available in Colton, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
87 | 98 | +12.6% |
Summary: The Colton real estate market had 98 homes for sale in April 2024, a 12.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 7 | +133.3% |
2 Bedrooms | 25 | 28 | +12.0% |
3 Bedrooms | 32 | 35 | +9.4% |
4 Bedrooms | 17 | 18 | +5.9% |
5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The Colton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 133.3%, 2 bedroom homes increased by 12%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 26 | +73.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in Colton in April 2024, up by 73.3% month-over-month. Of the 26 sold homes, 8% were sold under asking, 38% were sold at asking, and 54% were sold over asking.
Days on Market for Colton, CA
How long does it take to sell a home in Colton, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
36 Days | 18 Days | -49.5% |
Summary: Homes in Colton had an average of 18 days on market in Apr 2024, down by 49.5% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 26 homes were sold in Colton; 88% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.