Is San Bernardino, 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 has remained a Seller's Market.
Housing Prices in San Bernardino, CA
How much do homes in San Bernardino, CA cost?
Median Sold Price
$470,000
$345/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in San Bernardino was $470,000 in April 2024, up 3.3% from last year, and the median price per square foot was $345.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $245K | $257.5K | +5.1% |
2 Bedrooms | $350.7K | $361K | +2.9% |
3 Bedrooms | $455K | $475K | +4.4% |
4 Bedrooms | $520.6K | $550K | +5.6% |
5+ Bedrooms | $600K | $600K | 0.0% |
Summary: San Bernardino housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.1%, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
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% |
Highland | $525K | $515K | -1.9% |
Housing Supply in San Bernardino, CA
How many homes are available in San Bernardino, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
496 | 494 | -0.4% |
Summary: The San Bernardino real estate market had 494 homes for sale in April 2024, a 0.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 15 | 16 | +6.7% |
2 Bedrooms | 111 | 110 | -0.9% |
3 Bedrooms | 213 | 206 | -3.3% |
4 Bedrooms | 117 | 126 | +7.7% |
5+ Bedrooms | 40 | 36 | -10.0% |
Summary: The San Bernardino housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.7%, 2 bedroom homes decreased by 0.9%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
134 | 123 | -8.2% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
27 Homes Were Sold
At Asking
77 Homes Were Sold
Over Asking
Summary: A total of 123 homes were sold or pending in San Bernardino in April 2024, down by 8.2% month-over-month. Of the 123 sold homes, 15% were sold under asking, 22% were sold at asking, and 63% were sold over asking.
Days on Market for San Bernardino, CA
How long does it take to sell a home in San Bernardino, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
40 Days | 25 Days | -35.8% |
Summary: Homes in San Bernardino had an average of 25 days on market in Apr 2024, down by 35.8% compared to last year.
Breakdown of Home Sale Times
90 Homes Were Sold
Under 30 Days
25 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During April 2024, 123 homes were sold in San Bernardino; 73% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.