$6,947 Closing Credit*
$585,000
2,227 SqFt
4 Beds
•3 Full Baths
Lea Perez-Fernandez, Listing Office: Berkshire Hathaway Homeservices California Realty
Is Beaumont, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$255/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$30,000(+6.0%)
Key Takeaway
Homes in Beaumont have sold for 6% more than they did a year ago.
Summary: The median home sold price in Beaumont was $530,000 in November 2024, up 6% from last year, and the median price per square foot was $255.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $270K | $217.5K | -19.4% |
| 2 Bedrooms | $420K | $444.5K | +5.8% |
| 3 Bedrooms | $482K | $503.4K | +4.4% |
| 4 Bedrooms | $536.3K | $560.8K | +4.6% |
| 5+ Bedrooms | $596.5K | $620K | +3.9% |
Summary: Beaumont housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.4%, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes increased by 3.9%.
Median Sold Price Compared To Nearby Cities
| San Gorgonio Pass | $460.3K | $505K | +9.7% |
| Hemet-San Jacinto | $425K | $458.7K | +7.9% |
| Beaumont | $500K | $530K | +6.0% |
| Banning | $375K | $390K | +4.0% |
| Calimesa | $540K | $555K | +2.8% |
Housing Supply in Beaumont, CA
How many homes are available in Beaumont, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 270 | 253 | -6.3% |
Summary: The Beaumont real estate market had 253 homes for sale in November 2024, a 6.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 66 | 65 | -1.5% |
| 3 Bedrooms | 62 | 62 | 0.0% |
| 4 Bedrooms | 100 | 90 | -10.0% |
| 5+ Bedrooms | 40 | 35 | -12.5% |
Summary: The Beaumont housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 1.5%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 53 | 55 | +3.8% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Beaumont, you could pay more than the asking price. 41.8% of homes here sold above asking price last month.
Summary: A total of 55 homes were sold or pending in Beaumont in November 2024, up by 3.8% month-over-month. Of the 55 sold homes, 36% were sold under asking, 22% were sold at asking, and 42% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 45 Days | 45 Days | -0.8% |
Summary: Homes in Beaumont had an average of 45 days on market in Nov 2024, down by 0.8% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
10 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 November 2024, 55 homes were sold in Beaumont; 53% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 18% 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.