$6,650 Closing Credit*
$560,000
2,432 SqFt
4 Beds
•2 Full Baths, 1 Partial
Joseph Nandino, Listing Office: CENTURY 21 KING
Is Beaumont, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Beaumont has remained a Seller's Market.
Key Takeaway
Beaumont is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Beaumont, CA
How much do homes in Beaumont, CA cost?
Median Sold Price
$530,000
$256/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$29,323(+5.9%)
Key Takeaway
Homes in Beaumont have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in Beaumont was $530,000 in October 2024, up 5.9% from last year, and the median price per square foot was $256.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $270K | $217.5K | -19.4% |
| 2 Bedrooms | $419.5K | $444.5K | +6.0% |
| 3 Bedrooms | $482K | $500K | +3.7% |
| 4 Bedrooms | $535K | $559.9K | +4.7% |
| 5+ Bedrooms | $590K | $620K | +5.1% |
Summary: Beaumont housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.4%, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 5.1%.
Median Sold Price Compared To Nearby Cities
| San Gorgonio Pass | $461.2K | $500K | +8.4% |
| Hemet-San Jacinto | $425K | $454.9K | +7.0% |
| Beaumont | $500.6K | $530K | +5.9% |
| Banning | $375K | $390K | +4.0% |
| Calimesa | $554.9K | $555K | 0.0% |
Housing Supply in Beaumont, CA
How many homes are available in Beaumont, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 278 | 269 | -3.2% |
Summary: The Beaumont real estate market had 269 homes for sale in October 2024, a 3.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 65 | 64 | -1.5% |
| 3 Bedrooms | 64 | 64 | 0.0% |
| 4 Bedrooms | 108 | 99 | -8.3% |
| 5+ Bedrooms | 39 | 40 | +2.6% |
Summary: The Beaumont housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 1.5%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 2.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 61 | 52 | -14.8% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Beaumont, you may be able to get a good deal. 34.6% of homes here sold below asking price last month.
Summary: A total of 52 homes were sold or pending in Beaumont in October 2024, down by 14.8% month-over-month. Of the 52 sold homes, 35% were sold under asking, 31% were sold at asking, and 35% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 43 Days | 48 Days | +10.6% |
Summary: Homes in Beaumont had an average of 48 days on market in Oct 2024, up by 10.6% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
23 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Beaumont are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 52 homes were sold in Beaumont; 50% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.