Victorville-area home prices rise 5.1% in March, with houses for sale in high demand

A usual San Bernardino County house listed for $524,950 in March, up 5.1% from a thirty day period earlier, an investigation of information from Realtor.com reveals.

The median list household value in March was up about 10.9% from March 2021. San Bernardino County’s median property was 1,731 square ft for a shown price tag of $312 persquare foot.

The San Bernardino County current market was busy, with a median 21 times on industry. The market additional 2,788 new house listings in March, in contrast with the 2,772 added in March 2021. The sector finished the thirty day period with some 2,354 listings of households for sale.

Facts on your regional housing market is readily available by the United states of america These days Network, with extra data from Real estate agent.com.

Across metro Riverside, median dwelling selling prices rose to $573,000, up 4.2% from a month previously. The median dwelling experienced 1,860 sq. toes, at a checklist price tag of $314 per sq. foot.

Across all of California, median residence rates ended up $734,950, climbing 4.8% from a month earlier. The median California home for sale experienced 1,747 square ft at record cost of $443 for every sq. foot.

Across the United States, median dwelling rates have been $404,950, up 3.2% from a thirty day period previously. The median American household for sale had 1,800 sq. ft, outlined at $214 for every sq. foot.

The median home listing cost — the halfway position of all the properties or models listed over a interval of time — is utilised much more often in this report alternatively of the regular dwelling record selling price mainly because experts say the median presents a a lot more accurate watch of what’s taking place in a industry. In getting the common value, all prices of residences stated are added and then divided by the variety of homes bought. This evaluate can be skewed by one reduced or substantial value.

The United states Right now Network is publishing localized versions of this story on its information web pages throughout the nation, generated with knowledge from the Realtor.com household listings databases.. The tale was prepared by Mike Stucka and Sean Lahman.

This write-up initially appeared on Victorville Day-to-day Press: Victorville-area homes for sale increase to $524,950 median price tag