Riverside Realtor Blog - Alma Dizon

Alma shares her experiences and observations as a Realtor in Riverside California.

Sunday, May 28, 2006

San Bernardino housing statistics from the last 60 days

Since my last report on San Bernardino (3/20/06), there’s been an increase both in inventory and in the number of single family residences sold as one would expect during the spring. Values are holding fairly steady across categories with the biggest change being a 23k jump in the average sold price of 4+ bedroom houses. Unlike in Riverside, the average list price of available single family residences has only increased slightly.

There has been a noticeable decrease in the average values of 1-2 bedroom condos that have sold. 3-bedroom condos show a marked increase in pending values over that of solds, but there are so few units involved that the information is merely anecdotal and doesn’t offer a real trend.

Note that pending, expired, and sold data are as of 3/28/06. The back-up category would not allow me to limit the time period, so there may be some false figures if any agents haven’t updated their listings. As always, incorrectly input codes and figures may have skewed the numbers.

Houses
2 or fewer bedrooms:
Available: 215 Avg. Price: 298,992 Avg. Days On Market: 55
Pending: 71 Avg. Price: 279,831 Avg. DOM: 32
Back-up: 14 Avg. Price: 265,707 Avg. DOM: 87
Sold: 90 Avg. Price: 263,406 Avg. DOM: 47
Expired: 38 Avg. Price 283,187 Avg. DOM: 36

3 bedrooms:
Available: 518 Avg. Price: 353,602 Avg. DOM: 53
Pending: 156 Avg. Price: 326,929 Avg. DOM: 47
Back-up: 45 Avg. Price: 336,105 Avg. DOM: 80
Sold: 233 Avg. Price: 322,685 Avg. DOM: 48
Expired: 169 Avg. Price: 357,976 Avg. DOM: 35

4+ bedrooms:
Available: 306 Avg. Price: 466,469 Avg. DOM: 57
Pending: 49 Avg. Price: 371,597 Avg. DOM: 53
Back-up: 3 Avg. Price: 389,738 Avg. DOM: 72
Sold: 81 Avg. Price: 419,515 Avg. DOM: 50
Expired: 94 Avg. Price: 436,779 Avg. DOM: 31

Condos:
2 or fewer bedrooms:
Available: 26 Avg. Price: 204,272 Avg. DOM: 65
Pending: 17 Avg. Price: 189,761 Avg. DOM: 43
Back-up: 4 Avg. Price: 219,475 Avg. DOM: 66
Sold: 18 Avg. Price: 213,438 Avg. DOM: 40
Expired: 11 Avg. Price: 209,790 Avg. DOM: 47

3 bedrooms:
Available: 4 Avg. Price: 263,449 Avg. DOM: 60
Pending: 4 Avg. Price: 247,425 Avg. DOM: 20
Back-up: 0
Sold: 7 Avg. Price: 207,714 Avg. DOM: 35
Expired: 2 Avg. Price: 249,000 Avg. DOM: 103

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