Is Cabazon, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Cabazon has remained a Seller's Market.
Housing Prices in Cabazon, CA
How much do homes in Cabazon, CA cost?
Median Sold Price
$315,000
$265/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Cabazon was $315,000 in May 2024, up 7.7% from last year, and the median price per square foot was $265.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $230K | $270K | +17.4% |
2 Bedrooms | $280K | $300K | +7.1% |
3 Bedrooms | $314K | $374.2K | +19.2% |
4 Bedrooms | $645K | $352.5K | -45.3% |
5+ Bedrooms | - | - | N/A |
Summary: Cabazon housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.4%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 19.2%, 4 bedroom homes decreased by 45.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Cabazon | $292.5K | $315K | +7.7% |
Idyllwild | $500K | $525K | +5.0% |
San Gorgonio Pass | $465K | $473.8K | +1.9% |
Banning | $383.3K | $376K | -1.9% |
Housing Supply in Cabazon, CA
How many homes are available in Cabazon, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 5 | +66.7% |
Summary: The Cabazon real estate market had 5 homes for sale in May 2024, a 66.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 2 | 4 | +100.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Cabazon housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Cabazon in May 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Cabazon, CA
How long does it take to sell a home in Cabazon, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
52 Days | 19 Days | -63.5% |
Summary: Homes in Cabazon had an average of 19 days on market in May 2024, down by 63.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 1 homes were sold in Cabazon; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.