Your Local Market Report

Redlands, CA

Single-Family Homes

Berkshire Hathaway HomeServices California Realty | www.bhhsperriemundy.com



Redlands, CA

Wed May 27 2020
This week the median list price for Redlands, CA is $575,000 with the market action index hovering around 47. This is less than last month's market action index of 49. Inventory has held steady at or around 131. Click here to stay informed with the Redlands market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Redlands, CA

Wed May 27 2020
This week the median list price for Redlands, CA is $575,000 with the market action index hovering around 47. This is less than last month's market action index of 49. Inventory has held steady at or around 131. Click here to stay informed with the Redlands market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Redlands market.
Median List Price $575,000
Per Square Foot $257
Days on Market 112
Price Decreased 29%
Price Increased 10%
Relisted 6%
Inventory 131
Median Rent $1,985
Most Expensive $4,800,000
Least Expensive $135,000
Market Action 47
Strong Seller's Market

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,122,500 4,070 0.5 - 1 acre 5 4 31 2 4 223
$675,000 2,507 0.25 - 0.5 acre 4 3 39 6 2 72
$535,990 2,233 6,500 - 8,000 sqft 4 3 19 5 5 80
$399,000 1,484 6,500 - 8,000 sqft 3 2 58 10 6 76