Your Local Market Report

Redlands, CA 92373

Single-Family Homes

Berkshire Hathaway HomeServices California Realty | http://www.bhhscarealtymv.com/



Redlands, CA 92373

Tue May 21 2019
This week the median list price for Redlands, CA 92373 is $795,000 with the market action index hovering around 43. This is an increase over last month's market action index of 41. Inventory has held steady at or around 74. Click here to stay informed with the Redlands market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Redlands, CA 92373

Tue May 21 2019
This week the median list price for Redlands, CA 92373 is $795,000 with the market action index hovering around 43. This is an increase over last month's market action index of 41. Inventory has held steady at or around 74. Click here to stay informed with the Redlands market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Redlands market.
Median List Price $795,000
Per Square Foot $268
Days on Market 166
Price Decreased 42%
Price Increased 3%
Relisted 5%
Inventory 74
Median House Rent $1,775
Most Expensive $4,200,000
Least Expensive $299,000
Market Action Index
Slight Seller's Advantage
43

Price trends in this zip code continued their recent uptrend this week. While still below the market's high point, we've seen a nice run recently.

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
$1,467,500 5,503 1 - 2.5 acres 5 4 30 0 1 292
$987,499 4,036 0.5 - 1 acre 4 3 31 2 1 191
$624,900 2,409 0.25 - 0.5 acre 4 2 55 1 4 133
$432,000 1,550 8,000 - 10,000 sqft 3 2 64 4 5 54