Is Calimesa, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Calimesa is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Calimesa has remained a Seller's Market.

Key Takeaway

Calimesa is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Calimesa, CA

How much do homes in Calimesa, CA cost?

Median Sold Price

$550,000

$271/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$8,500(+1.6%)

Key Takeaway

Homes in Calimesa have sold for 1.6% more than they did a year ago.

Summary: The median home sold price in Calimesa was $550,000 in May 2024, up 1.6% from last year, and the median price per square foot was $271.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $245K-
N/A
2 $452.5K$410K
-9.4%
3 $500K$514.9K
+3.0%
4 $574.4K$594K
+3.4%
5+ $630K$630K
0.0%

Summary: Calimesa housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.4%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Redlands
+7.2%
Yucaipa
+2.2%
San Gorgonio Pass
+1.9%
Calimesa
+1.6%
Beaumont
+1.1%

Housing Supply in Calimesa, CA

How many homes are available in Calimesa, CA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
3244+37.5%

Summary: The Calimesa real estate market had 44 homes for sale in May 2024, a 37.5% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 1417
+21.4%
4 1419
+35.7%
5+ 35
+66.7%

Summary: The Calimesa housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 21.4%, 4 bedroom homes increased by 35.7%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Apr 2024May 2024CHANGE
48+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Calimesa, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Calimesa in May 2024, up by 100.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 38% were sold at asking, and 25% were sold over asking.

Days on Market for Calimesa, CA

How long does it take to sell a home in Calimesa, CA?

Average Sale Time

May 2023May 2024CHANGE
49 Days26 Days-46.1%

Summary: Homes in Calimesa had an average of 26 days on market in May 2024, down by 46.1% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Calimesa are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 8 homes were sold in Calimesa; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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