Is San Gorgonio Pass, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing San Gorgonio Pass is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, San Gorgonio Pass has remained a Seller's Market.

Key Takeaway

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

Housing Prices in San Gorgonio Pass, CA

How much do homes in San Gorgonio Pass, CA cost?

Median Sold Price

$505,000

$263/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$44,696(+9.7%)

Key Takeaway

Homes in San Gorgonio Pass have sold for 9.7% more than they did a year ago.

Summary: The median home sold price in San Gorgonio Pass was $505,000 in November 2024, up 9.7% from last year, and the median price per square foot was $263.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $260K$225K
-13.5%
2 $375.2K$395.4K
+5.4%
3 $459.6K$480K
+4.4%
4 $540K$559.1K
+3.5%
5+ $599.9K$629.5K
+4.9%

Summary: San Gorgonio Pass housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.5%, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 4.9%.

Median Sold Price Compared To Nearby Cities

San Gorgonio Pass
+9.7%
Cabazon
+6.2%
Beaumont
+6.0%
Banning
+4.0%
Calimesa
+2.8%

Housing Supply in San Gorgonio Pass, CA

How many homes are available in San Gorgonio Pass, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
516495-4.1%

Summary: The San Gorgonio Pass real estate market had 495 homes for sale in November 2024, a 4.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 166160
-3.6%
3 148154
+4.1%
4 140126
-10.0%
5+ 6054
-10.0%

Summary: The San Gorgonio Pass 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 3.6%, 3 bedroom homes increased by 4.1%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 10%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
91101+11.0%

Asking Price vs. Sold Price

44 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

41 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in San Gorgonio Pass, you may be able to get a good deal. 43.6% of homes here sold below asking price last month.

Summary: A total of 101 homes were sold or pending in San Gorgonio Pass in November 2024, up by 11.0% month-over-month. Of the 101 sold homes, 44% were sold under asking, 16% were sold at asking, and 41% were sold over asking.

Days on Market for San Gorgonio Pass, CA

How long does it take to sell a home in San Gorgonio Pass, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
37 Days47 Days+24.9%

Summary: Homes in San Gorgonio Pass had an average of 47 days on market in Nov 2024, up by 24.9% compared to last year.

Breakdown of Home Sale Times

49 Homes Were Sold
Under 30 Days

38 Homes Were Sold
In 30 - 90 Days

14 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 101 homes were sold in San Gorgonio Pass; 49% of homes were sold within 30 days, 38% 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 19 Days Ago

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