Is San Bernardino County, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing San Bernardino County is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, San Bernardino County has remained a Seller's Market.

Key Takeaway

San Bernardino County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in San Bernardino County, CA

How much do homes in San Bernardino County, CA cost?

Median Sold Price

$520,085

$331/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$27,107(+5.5%)

Key Takeaway

Homes in San Bernardino County have sold for 5.5% more than they did a year ago.

Summary: The median home sold price in San Bernardino County was $520,085 in October 2024, up 5.5% from last year, and the median price per square foot was $331.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $258.4K$255K
-1.3%
2 $369.7K$385K
+4.2%
3 $469.9K$499.9K
+6.4%
4 $595.2K$628.5K
+5.6%
5+ $751.7K$756.5K
+0.6%

Summary: San Bernardino County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.3%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 0.6%.

Median Sold Price Compared To Nearby Counties

Clark County
+7.3%
Los Angeles County
+6.0%
Riverside County
+5.7%
San Bernardino County
+5.5%
Kern County
+1.4%

Housing Supply in San Bernardino County, CA

How many homes are available in San Bernardino County, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7,5497,872+4.3%

Summary: The San Bernardino County real estate market had 7,872 homes for sale in October 2024, a 4.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 242254
+5.0%
2 1,3431,392
+3.6%
3 3,0593,176
+3.8%
4 2,1372,244
+5.0%
5+ 768806
+4.9%

Summary: The San Bernardino County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5%, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 4.9%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1,3581,400+3.1%

Asking Price vs. Sold Price

552 Homes Were Sold
Under Asking

320 Homes Were Sold
At Asking

527 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in San Bernardino County, you may be able to get a good deal. 39.5% of homes here sold below asking price last month.

Summary: A total of 1,400 homes were sold or pending in San Bernardino County in October 2024, up by 3.1% month-over-month. Of the 1,399 sold homes, 39% were sold under asking, 23% were sold at asking, and 38% were sold over asking.

Days on Market for San Bernardino County, CA

How long does it take to sell a home in San Bernardino County, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
35 Days41 Days+18.2%

Summary: Homes in San Bernardino County had an average of 41 days on market in Oct 2024, up by 18.2% compared to last year.

Breakdown of Home Sale Times

797 Homes Were Sold
Under 30 Days

424 Homes Were Sold
In 30 - 90 Days

179 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in San Bernardino County are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1400 homes were sold in San Bernardino County; 57% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in San Bernardino County, CA

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