Redlands Real Estate Market Conditions & Reports, Redlands Market Trends, California

Market Commentary Provided by Mike Williams
Redlands has traditionally been more stable than many of the surrounding communities. Redlands is the city of choice for most locals. We have had traditionally the highest rated schools in the Inland Empire. This attracts many people from the surrounding area. Also, there are many industrial warehou

Report Date

Fall 2009

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CONNECT WITH A LOCAL PROFESSIONAL

Mike Williams
Keller Williams Realty
Redlands, California
909-528-6901
brafuse@kw.com
Agent Home Page

Nearest Metro Area

Buyers’ or Sellers’ Market

More buyers than sellers

Average Time on Market

90-120 days

Market Trend

Increasing

Housing Inventory

Good supply - Some Prices

Average Home Price

$375,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

Down 15-20%

Prices As % of Asking Price

85-90%

Multiple Offers?

Yes

Greatest Activity

First Time Buyers

Buyer Activity for the past 90 days in Redlands is

Seller Activity for the past 90 days in Redlands is

Is Financing Available For Qualified Buyers in Redlands?

Existing Home Prices for the past 90 days are

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

Housing Hot Spots

Reason to Buy/Sell

Population Growth

Average Sold Price

$375,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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