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 April 2023
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.
Housing Prices in San Bernardino County, CA
How much do homes in San Bernardino County, CA cost?
Median Sold Price
$505,752
$321/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in San Bernardino County have sold for 1.7% more than they did a year ago.
Summary: The median home sold price in San Bernardino County was $505,752 in April 2024, up 1.7% from last year, and the median price per square foot was $321.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $274.5K | $251.7K | -8.3% |
| 2 Bedrooms | $376.7K | $380.1K | +0.9% |
| 3 Bedrooms | $475.2K | $485K | +2.1% |
| 4 Bedrooms | $595.9K | $609.4K | +2.3% |
| 5+ Bedrooms | $748.1K | $750.2K | 0.3% |
Summary: San Bernardino County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.3%, 2 bedroom homes increased by 0.9%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 0.3%.
Median Sold Price Compared To Nearby Counties
| Los Angeles County | $850K | $876.8K | +3.2% |
| Riverside County | $576.1K | $594.1K | +3.1% |
| Kern County | $350.1K | $359.6K | +2.7% |
| San Bernardino County | $497K | $505.7K | +1.7% |
| Clark County | $418.2K | $419.2K | 0.2% |
Housing Supply in San Bernardino County, CA
How many homes are available in San Bernardino County, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6,086 | 6,568 | +7.9% |
Summary: The San Bernardino County real estate market had 6,568 homes for sale in April 2024, a 7.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 211 | 236 | +11.8% |
| 2 Bedrooms | 1,079 | 1,208 | +12.0% |
| 3 Bedrooms | 2,493 | 2,614 | +4.9% |
| 4 Bedrooms | 1,688 | 1,818 | +7.7% |
| 5+ Bedrooms | 615 | 692 | +12.5% |
Summary: The San Bernardino County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.8%, 2 bedroom homes increased by 12%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1,289 | 1,392 | +8.0% |
Asking Price vs. Sold Price
459 Homes Were Sold
Under Asking
317 Homes Were Sold
At Asking
615 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in San Bernardino County, you could pay more than the asking price. 44.2% of homes here sold above asking price last month.
Summary: A total of 1,392 homes were sold or pending in San Bernardino County in April 2024, up by 8.0% month-over-month. Of the 1,391 sold homes, 33% were sold under asking, 23% were sold at asking, and 44% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 44 Days | 38 Days | -14.0% |
Summary: Homes in San Bernardino County had an average of 38 days on market in Apr 2024, down by 14% compared to last year.
Breakdown of Home Sale Times
931 Homes Were Sold
Under 30 Days
285 Homes Were Sold
In 30 - 90 Days
176 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in San Bernardino County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 1392 homes were sold in San Bernardino County; 67% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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