Your Local Market Report

Redlands, CA

Single-Family Homes

Berkshire Hathaway HomeServices California Realty | www.bhhsperriemundy.com



Redlands, CA

Mon Apr 06 2020
This week the median list price for Redlands, CA is $548,750 with the market action index hovering around 50. This is an increase over last month's market action index of 46. Inventory has held steady at or around 118. 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 been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Redlands, CA

Mon Apr 06 2020
This week the median list price for Redlands, CA is $548,750 with the market action index hovering around 50. This is an increase over last month's market action index of 46. Inventory has held steady at or around 118. 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 been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Real-Time Market Profile

Never miss important changes in the Redlands market.
Median List Price $548,750
Per Square Foot $265
Days on Market 99
Price Decreased 36%
Price Increased 8%
Relisted 8%
Inventory 118
Median Rent $2,200
Most Expensive $4,800,000
Least Expensive $139,000
Market Action 50
Strong Seller's Market

Though this week saw relatively little price change from last week, the market seems to be show some signs of strength. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,169,000 3,935 0.5 - 1 acre 5 4 29 4 1 223
$632,200 2,301 0.25 - 0.5 acre 4 3 41 3 3 71
$495,000 1,852 6,500 - 8,000 sqft 4 2 42 4 2 50
$378,500 1,413 6,500 - 8,000 sqft 3 2 52 9 6 53