The median home in San Bernardino County listed for $541,005 in May, up 1.7% from the previous month’s $531,975, an analysis of data from Realtor.com shows.
Compared to May 2023, the median home list price increased 4.2% from $519,350.
The statistics in this article only pertain to houses listed for sale in San Bernardino County, not houses that were sold. Information on your local housing market, along with other useful community data, is available at data.vvdailypress.com.
San Bernardino County’s median home was 1,641 square feet, listed at $345 per square foot. The price per square foot of homes for sale is up 7.4% from May 2023.
Listings in San Bernardino County moved slowly, at a median 41 days listed compared to the May national median of 44 days on the market. In the previous month, homes had a median of 49 days on the market. Around 2,468 homes were newly listed on the market in May, an 11.7% increase from 2,210 new listings in May 2023.
The median home prices issued by Realtor.com may exclude many, or even most, of a market’s homes. The price and volume represent only single-family homes, condominiums or townhomes. They include existing homes, but exclude most new construction as well as pending and contingent sales.
Across the Riverside-San Bernardino-Ontario metro area, median home prices rose to $619,500, slightly higher than a month earlier. The median home had 1,827 square feet, at a list price of $349 per square foot.
In California, median home prices were $786,973, a slight increase from April. The median California home listed for sale had 1,811 square feet, with a price of $474 per square foot.
Throughout the United States, the median home price was $442,450, a slight increase from the month prior. The median American home for sale was listed at 1,859 square feet, with a price of $233 per square foot.
The median home list price used in this report represents the midway point of all the houses or units listed over the given period of time. Experts say the median offers a more accurate view of what’s happening in a market than the average list price, which would mean taking the sum of all listing prices then dividing by the number of homes sold. The average can be skewed by one particularly low or high price.
The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from Realtor.com. Please leave any feedback or corrections for this story here. This story was written by Ozge Terzioglu.
This article originally appeared on Victorville Daily Press: San Bernardino County home listings asked for more money in May – see the current median price here
EMEA Tribune is not involved in this news article, it is taken from our partners and or from the News Agencies. Copyright and Credit go to the News Agencies, email news@emeatribune.com Follow our WhatsApp verified Channel
