Is Beaumont, 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, Beaumont has remained a Seller's Market.
Housing Prices in Beaumont, CA
How much do homes in Beaumont, CA cost?
Median Sold Price
$512,483
$254/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Beaumont was $512,483 in April 2024, up 0.2% from last year, and the median price per square foot was $254.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $275K | $242.5K | -11.8% |
2 Bedrooms | $435K | $429K | -1.4% |
3 Bedrooms | $479K | $485K | +1.3% |
4 Bedrooms | $540K | $542.2K | 0.4% |
5+ Bedrooms | $588K | $605K | +2.9% |
Summary: Beaumont housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.8%, 2 bedroom homes decreased by 1.4%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes increased by 2.9%.
Median Sold Price Compared To Nearby Cities
Calimesa | $538.2K | $550K | +2.2% |
Hemet-San Jacinto | $430.7K | $434.5K | +0.9% |
Beaumont | $511.3K | $512.4K | 0.2% |
San Gorgonio Pass | $469.5K | $469.9K | 0.1% |
Banning | $385K | $375K | -2.6% |
Housing Supply in Beaumont, CA
How many homes are available in Beaumont, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
227 | 241 | +6.2% |
Summary: The Beaumont real estate market had 241 homes for sale in April 2024, a 6.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 42 | 41 | -2.4% |
3 Bedrooms | 63 | 71 | +12.7% |
4 Bedrooms | 88 | 95 | +8.0% |
5+ Bedrooms | 33 | 33 | 0.0% |
Summary: The Beaumont housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 2.4%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
44 | 56 | +27.3% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 56 homes were sold or pending in Beaumont in April 2024, up by 27.3% month-over-month. Of the 56 sold homes, 41% were sold under asking, 36% were sold at asking, and 23% were sold over asking.
Days on Market for Beaumont, CA
How long does it take to sell a home in Beaumont, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
46 Days | 41 Days | -10.5% |
Summary: Homes in Beaumont had an average of 41 days on market in Apr 2024, down by 10.5% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 56 homes were sold in Beaumont; 57% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.