Single-Family Homes
Tue Apr 15 2025
This week the median list price for Redlands, CA is $812,950 with the market action index hovering around 44. This is an increase over last month's market action index of 42. Inventory has decreased to 100.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
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.
Median List Price | $812,950 | |
Median Price of New Listings | $665,000 | |
Per Square Foot | $360 | |
Average Days on Market | 85 | |
Median Days on Market | 35 | |
Price Decreased | 40% | |
Price Increased | 8% | |
Relisted | 12% | |
Inventory | 100 | |
Median Rent | ||
Market Action | 44 | |
Slight Seller's Advantage |
While this week the median price didn’t fluctuate much, we are relatively close to the market’s high price point and have had an upward price trend over the last few weeks. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$1,349,000 | 4,103 | 0.5 - 1 acre | 4 | 3.5 | 40 | 2 | 6 | 28 |
$895,000 | 2,746 | 0.25 - 0.5 acre | 4 | 2.5 | 46 | 2 | 3 | 35 |
$685,000 | 1,864 | 6,500 - 8,000 sqft | 4 | 2.5 | 40 | 6 | 5 | 56 |
$570,000 | 1,443 | 6,500 - 8,000 sqft | 3 | 2 | 53 | 5 | 4 | 42 |