Your Local Market Report

Redlands, CA 92373

Single-Family Homes

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



Redlands, CA 92373

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 has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable.

Redlands, CA 92373

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 has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable.

Real-Time Market Profile

Never miss important changes in the Redlands market.
Median List Price $598,000
Per Square Foot $265
Days on Market 168
Price Decreased 37%
Price Increased 1%
Relisted 12%
Inventory 75
Median House Rent $2,395
Most Expensive $4,200,000
Least Expensive $324,888
Market Action Index
Slight Seller's Advantage
36

Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.

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
$1,197,500 4,950 1 - 2.5 acres 4 4 39 1 2 378
$749,900 3,036 0.25 - 0.5 acre 4 3 52 2 1 131
$539,900 2,063 8,000 - 10,000 sqft 4 2 51 1 1 116
$425,000 1,520 6,500 - 8,000 sqft 3 2 65 2 5 56