The San Bernardino County Real Estate Market Update for May 2021 reveals a seller’s market with rising prices and fast-moving, limited inventory. The median sale price of single-family homes in San Bernardino County has increased 25.7% year-over-year, with homes spending an average of just 21 days on market. The housing market is booming and this summer is the perfect time to list your home for sale in order to capture top dollar, but it’s a highly competitive market for homebuyers. Luckily, securing a record-low mortgage rate on your next dream home makes it all worth it!
Flip through the full report below to learn more about how COVID-19 has affected your city’s prices and inventory:
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 FirstTeam agent near you for expert advice on how to navigate today’s San Bernardino County real estate market.