San Bernardino market update Archives

Massive Market Rebound in Southern California; Largest Month-to-Month Sales Growth in the Last 40 Years (June 2020 Market Update)

Roomvu TeamJuly 21, 2020July 22, 2020

Summary Southern California’s real estate market experienced a major rebound in sales from May’s low-point, despite still falling short of 2019 numbers Overall sales of single-family homes increased by at least 40%, with apartment sales increasing by 60% Active inventory of single-family homes dropped year-over-year across all counties resulting from surging demand and fewer listings […]

Southern California Market Update for May 2020 | Roomvu Data Team

Roomvu TeamJune 25, 2020June 25, 2020

Summary Southern California has experienced one of the largest COVID-19 real estate market slow-downs in the US. Sales of existing, single-family homes dropped 45.6% YoY in May Median prices were slightly higher in May compared to the same period last year The drop in sales coupled with increasing supply has resulted in increased inventory Sales […]

Southern California Market Update April 2020 Sales are down, prices are higher than before: Is there a market rebound coming after a sharp decline?

Roomvu TeamMay 28, 2020

Southern California has experienced one of the largest COVID-19 real estate market slow-downs in the US. Sales of existing, single-family homes in April dropped 37.4% YoY. Median prices were mostly unchanged or became slightly higher in April compared to the same period last year. Realtors have begun adjusting the new COVID reality by figuring out […]