Is Yucaipa, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Yucaipa was a Seller's Market.
Key Takeaway
Yucaipa is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Yucaipa, CA
How much do homes in Yucaipa, CA cost?
Median Sold Price
$546,831
$314/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Yucaipa have sold for 2.2% more than they did a year ago.
Summary: The median home sold price in Yucaipa was $546,831 in May 2024, up 2.2% from last year, and the median price per square foot was $314.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $380K | - | N/A |
| 2 Bedrooms | $420K | $420K | 0.0% |
| 3 Bedrooms | $520K | $520K | 0.0% |
| 4 Bedrooms | $637K | $620K | -2.7% |
| 5+ Bedrooms | $789.5K | $779K | -1.3% |
Summary: Yucaipa 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 did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes decreased by 1.3%.
Median Sold Price Compared To Nearby Cities
| Redlands | $580.9K | $622.6K | +7.2% |
| Yucaipa | $535K | $546.8K | +2.2% |
| San Gorgonio Pass | $465K | $473.8K | +1.9% |
| Calimesa | $541.5K | $550K | +1.6% |
| Big Bear | $449.4K | $449.2K | -0.1% |
Housing Supply in Yucaipa, CA
How many homes are available in Yucaipa, CA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 161 | 174 | +8.1% |
Summary: The Yucaipa real estate market had 174 homes for sale in May 2024, a 8.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 21 | 21 | 0.0% |
| 3 Bedrooms | 61 | 62 | +1.6% |
| 4 Bedrooms | 53 | 60 | +13.2% |
| 5+ Bedrooms | 26 | 31 | +19.2% |
Summary: The Yucaipa 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 remained the same, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes increased by 19.2%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 32 | 29 | -9.4% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Yucaipa, you could pay more than the asking price. 46.4% of homes here sold above asking price last month.
Summary: A total of 29 homes were sold or pending in Yucaipa in May 2024, down by 9.4% month-over-month. Of the 28 sold homes, 39% were sold under asking, 14% were sold at asking, and 46% were sold over asking.
Days on Market for Yucaipa, CA
How long does it take to sell a home in Yucaipa, CA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 36 Days | 23 Days | -37.4% |
Summary: Homes in Yucaipa had an average of 23 days on market in May 2024, down by 37.4% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Yucaipa are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 29 homes were sold in Yucaipa; 79% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.