$4,809 Closing Credit*
$405,000
980 SqFt
3 Beds
•1 Full Bath
Nathan Lee, Listing Office: BERKSHIRE HATHAWAY CA PROP
Is Colton, 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, Colton has remained a Seller's Market.
Key Takeaway
Colton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Colton, CA
How much do homes in Colton, CA cost?
Median Sold Price
$500,000
$368/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$32,500(+7.0%)
Key Takeaway
Homes in Colton have sold for 7% more than they did a year ago.
Summary: The median home sold price in Colton was $500,000 in November 2024, up 7% from last year, and the median price per square foot was $368.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $245K | $250K | +2.0% |
| 2 Bedrooms | $369K | $395K | +7.0% |
| 3 Bedrooms | $470K | $512.5K | +9.0% |
| 4 Bedrooms | $545K | $575K | +5.5% |
| 5+ Bedrooms | $690K | $675K | -2.2% |
Summary: Colton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2%, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes decreased by 2.2%.
Median Sold Price Compared To Nearby Cities
| Loma Linda | $577K | $620K | +7.5% |
| San Bernardino | $458.3K | $490.9K | +7.1% |
| Colton | $467.5K | $500K | +7.0% |
| Rialto | $550K | $587.8K | +6.9% |
| Grand Terrace | $550K | $582.5K | +5.9% |
Housing Supply in Colton, CA
How many homes are available in Colton, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 100 | 84 | -16.0% |
Summary: The Colton real estate market had 84 homes for sale in November 2024, a 16.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 5 | -16.7% |
| 2 Bedrooms | 19 | 15 | -21.1% |
| 3 Bedrooms | 42 | 35 | -16.7% |
| 4 Bedrooms | 24 | 21 | -12.5% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Colton housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes decreased by 21.1%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 24 | -20.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Colton, you could pay more than the asking price. 45.8% of homes here sold above asking price last month.
Summary: A total of 24 homes were sold or pending in Colton in November 2024, down by 20.0% month-over-month. Of the 24 sold homes, 33% were sold under asking, 21% were sold at asking, and 46% were sold over asking.
Days on Market for Colton, CA
How long does it take to sell a home in Colton, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 30 Days | 44 Days | +45.5% |
Summary: Homes in Colton had an average of 44 days on market in Nov 2024, up by 45.5% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Colton are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 24 homes were sold in Colton; 50% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 21% 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.