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 neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, San Bernardino County was a Seller's Market.

Key Takeaway

San Bernardino County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in San Bernardino County, CA

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

Median Sold Price

$524,594

$332/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,947(+5.2%)

Key Takeaway

Homes in San Bernardino County have sold for 5.2% more than they did a year ago.

Summary: The median home sold price in San Bernardino County was $524,594 in November 2024, up 5.2% from last year, and the median price per square foot was $332.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $258.8K$255K
-1.5%
2 $374.8K$385.1K
+2.8%
3 $474.9K$504K
+6.1%
4 $599.6K$629.9K
+5.1%
5+ $759.8K$759.3K
-0.1%

Summary: San Bernardino County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.5%, 2 bedroom homes increased by 2.8%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes decreased by 0.1%.

Median Sold Price Compared To Nearby Counties

Clark County
+6.9%
Riverside County
+5.9%
Los Angeles County
+5.6%
San Bernardino County
+5.2%
Kern County
+1.0%

Housing Supply in San Bernardino County, CA

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7,6547,318-4.4%

Summary: The San Bernardino County real estate market had 7,318 homes for sale in November 2024, a 4.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 240242
+0.8%
2 1,3471,328
-1.4%
3 3,0712,891
-5.9%
4 2,2182,096
-5.5%
5+ 778761
-2.2%

Summary: The San Bernardino County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 0.8%, 2 bedroom homes decreased by 1.4%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 5.5%, and 5+ bedroom homes decreased by 2.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1,4571,191-18.3%

Asking Price vs. Sold Price

499 Homes Were Sold
Under Asking

240 Homes Were Sold
At Asking

451 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. 41.9% of homes here sold below asking price last month.

Summary: A total of 1,191 homes were sold or pending in San Bernardino County in November 2024, down by 18.3% month-over-month. Of the 1,190 sold homes, 42% were sold under asking, 20% 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

Nov 2023Nov 2024CHANGE
36 Days43 Days+21.5%

Summary: Homes in San Bernardino County had an average of 43 days on market in Nov 2024, up by 21.5% compared to last year.

Breakdown of Home Sale Times

643 Homes Were Sold
Under 30 Days

376 Homes Were Sold
In 30 - 90 Days

172 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 November 2024, 1191 homes were sold in San Bernardino County; 54% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 14% 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 17 Days Ago

Newest Listings in San Bernardino County, CA

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