San Bernardino County Housing Market Report
Median home price is $264,200 with a rental parity value of $403,100. This market’s discount is $138,900.
Monthly payment affordability has been improving over the last 9 month(s). Momentum suggests improving affordability.
Resale prices on a $/SF basis increased from $173/SF to $173/SF. Resale prices have been rising for 3 month(s).
Over the last 12 months, resale prices rose 3.1% indicating a longer term upward price trend.
Median rental rates increased $16 last month from $1,764 to $1,780. The current capitalization rate (rent/price) is 6.5%.
Rents have been rising for 12 month(s). Price momentum signals rising rents over the next three months.
Market rating = 9