San Bernardino County Housing Market: A Balanced Market
San Bernardino County Housing Market: A Balanced Market
- Median Price: $630,000
- Month-to-Month Change: -3.1%
- Year-to-Year Change: +1.9%
San Bernardino County offers a more balanced market for buyers, with the median price of single-family detached homes at $630,000. Prices have seen a small decrease month-to-month, down 3.1%, but are still up 1.9% year-over-year.
Why Are Prices Stabilizing?
San Bernardino County provides a balance between affordability and accessibility. It attracts buyers who are looking for more space and quieter living but still want proximity to major job centers in Southern California. The recent price stabilization suggests that the market is finding an equilibrium, providing buyers with an opportunity to purchase at more reasonable price points.
Navigating the San Bernardino Market
With a growing inventory of 3.5 months and homes taking an average of 29 days to sell, San Bernardino offers a less hurried buying experience compared to neighboring counties. If you're looking for a home in a less competitive environment, this could be the right market for you.
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