San Bernardino, CA Home Values & Market Trends
Real estate market trends reflect that there have been 1,910 transactions over the past year in San Bernardino. The median value for residential home transactions that occurred over the previous year is $474,582.49. The number of current listings in San Bernardino is 163, and the percentage of properties for sale in the city is 163.00%. San Bernardino, CA currently has 213 properties in foreclosure, 5 bank owned properties, 33 properties headed for auction, and 163 properties for sale.
San Bernardino, CA Real Estate Market Overview
Housing Market Summary for San Bernardino, CA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $450K | $463.3K | 2.95% |
| Median Sold Price | $447.6K | $463.3K | 3.51% |
| Homes For Sale | 202 | 186 | -7.92% |
| Homes Sold | 1,314 | 1,397 | 6.32% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in San Bernardino, CA
Browse Homes in San Bernardino, CA
San Bernardino home values range from $27,261 to $2,665,170. The median estimated value of a home in San Bernardino is $474,582.49. The median list price of a home is 485,000, and the total count of properties in the city is 51,518.
- Pre-ForeclosurePre-foreclosure homes account for 0.34% of all residential properties in San Bernardino, CA with 92404 containing 53 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 8 zips within San Bernardino, CA; of those zips, the estimated home value for pre-foreclosure homes ranges from $929,000 in 92408 to the lowest home value of $193,900 in 92404.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in San Bernardino, CA ranges from the highest value of $541,000 in 92404 to the lowest value of $385,300 in 92407. Bank owned homes and properties account for 0.01% of properties in San Bernardino, CA. There are 8 zips within San Bernardino, CA; 92404 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions92407 has 10 auction properties, the highest number of properties going to auction in a single zip in the state of San Bernardino, CA. Auction homes and other auction properties account for 0.06% of all properties in San Bernardino, CA. There are 8 zips within San Bernardino, CA; of those zips, the median estimated home value for homes going to auction ranges from $740,500 in 92411 to the lowest value of $288,000 in 92411.
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Guide for San Bernardino, CA
In the past year, California’s real estate market has seen a moderate rise in property values, reflecting enduring confidence despite some fluctuations, with particular note on per square foot value increases and transactional stability across the diverse county markets.
The San Bernardino real estate market is experiencing stability and modest growth. Median property values are consistent, while foreclosures, pre-foreclosures, and auctions present unique investment opportunities due high avg values.
This blog post discusses the dynamic real estate trends in Bakersfield, noting fluctuations in property values, sale prices, and activity levels. It also highlights differences in nearby cities, showcasing diverse market conditions shaped by localized factors and broader economic trends.
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