The NSDCC detached-home stats in the Jan 1st-to-March 15th period are remarkable:
Year |
New Listings |
# of Sales |
Median List Price |
Median Sales Price |
Median DOM |
2016 |
1,194 |
436 |
$1,146,450 |
$1,102,792 |
58 |
2017 |
1,040 |
459 |
$1,239,500 |
$1,200,000 |
53 |
2018 |
1,102 |
420 |
$1,327,000 |
$1,297,000 |
20 |
2019 |
1,056 |
430 |
$1,299,499 |
$1,282,500 |
29 |
2020 |
934 |
456 |
$1,467,500 |
$1,430,000 |
30 |
2021 |
801 |
534 |
$1,749,000 |
$1,775,000 |
14 |
2022 |
546 |
400 |
$2,250,000 |
$2,372,500 |
10 |
The 2022 median sales price is 34% higher than in the same period last year (which was +24% above 2020!)
The median sales price is 5.4% higher than the median list price.
Sales are holding their own, in spite of having around half of the ‘normal’ inventory!
Jim is a long-time local realtor who comments daily here on his blog, bubbleinfo.com which began in September, 2005. Stick around!
You will love this:
**NO REALTORS UNLESS YOU HAVE CASH BUYER
https://inlandempire.craigslist.org/reo/d/barstow-great-fix-flip-in-barstow/7461268494.html