The San Bernardino County Real Estate Market Update for August reveals a seller’s market with limited inventory and rising prices. The median home sale price of single-family homes has increased 6.25% over the last year up to $425,000 and inventory has dropped by 39% within the same timeframe. The housing market is booming and this is the perfect time list your home for sale in order to capture top dollar and secure a low mortgage rate on your dream home.
Flip through the full report below to learn more about how COVID-19 has affected your city:
Before you jump into the local real estate market as a buyer or seller, review the market trends and new processes for buying and selling real estate 100% virtually with an expert. Chat with a First Team agent near you for expert advice on how to navigate today’s San Bernardino County real estate market.