San Bernardino Real Estate Market Report

Executive Summary

DB
Dan Braun

The San Bernardino, CA real estate market is currently classified as a buyer's market. The MLS composite benchmark price is $518K, up 3.6% year-over-year.

There are currently 404 active listings, representing 134.7 months of inventory. According to San Bernardino Market Report (SDMLS computed), there were 94 sales and 143 new listings in Invalid Date. Inventory has increased 44.3% compared to last month.

Currently, listings spend an average of 58 days on market and the average price per square foot is $335.

Board Data vs Our Listings

MetricSan Bernardino Market Report (SDMLS computed)Our Listings
Benchmark / Median Price$518K$500K
Average Price$518K$658K
Active Listings404404
Detached Benchmark$530K$578K
Townhouse Benchmark$465K$476K
Apartment Benchmark$250K$433K

Detached properties make up the largest share of the San Bernardino market at 81% of active listings with an average price of $578K. Condo listings follow at 17% (avg $433K).

Sales Activity & Absorption

Volume

3
Sold (30d)
147
Sold (90d)
58
Avg DOM
124
New (30d)

Market Signals

50
Price Cuts (30d)
31
New (7d)
100%
Sell-Through
98.7%
List-to-Sale

San Bernardino Market Report (SDMLS computed) reported 94 sales this period, 124 new listings appeared in the past month, 50 sellers reduced their asking price.

Market Balance

Months of Inventory

Seller'sBalancedBuyer's
134.7months
Strong Buyer's Market
Sales-to-New Listings (SNLR)65.7%

Demand significantly outpaces new supply — expect competitive offers.

Sell-Through Rate100.0%
Inventory Change (30d)+44.3%
Site Active Listings404

With 134.7 months of inventory, buyers have more options and negotiating leverage. Sellers should price competitively and be prepared for longer marketing times.

Interest Rates & Affordability

Current Rates

Bank of Canada Policy Rate2.25%
Prime Rate4.45%
Est. Variable Rate (Prime + 0.5%)4.95%

Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.

Estimated Monthly Payment

Based on median price of $500K, 20% down, 25yr amortization
$2,326/mo
at 4.95% variable rate

This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.

Market Outlook

This is currently a buyer's market with more negotiating power for purchasers. The San Bernardino market currently has 404 active listings with a median price of $500K and 134.7 months of inventory.

According to San Bernardino Market Report (SDMLS computed), the composite benchmark price is $518K (+3.6% year-over-year). There were 94 sales recorded

  • High inventory (134.7 months) favors buyers
  • Prices declining (-25.4% in 30 days)
  • High sell-through rate (100%)
  • Slow-moving market (58 avg days on market)
  • Average price per square foot is $335
  • Sold properties averaged 37 days on market

For Buyers

With more inventory and less competition, buyers in San Bernardino have room to negotiate. Take time to compare options and don't rush — but be ready to act on well-priced properties. There were 31 new listings in the past week.

For Sellers

With higher inventory, pricing strategy is critical. Price at or slightly below market value to attract attention. Ensure your listing stands out with quality photos and accurate details. 50 listings have reduced their price in the past 30 days. The current sell-through rate is 100%.

Data sourced from San Diego MLS active and sold listings. Metrics computed from listing data updated daily, with board statistics from San Bernardino Market Report (SDMLS computed). Prepared by Dan Braun with AI assistance, reviewed by our team.

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Market data is calculated from active and recently sold MLS listings as of May 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.

Based on information from California Regional Multiple Listing Service (CRMLS). This data is for informational purposes only and may not reflect all real estate activity in the market. Information deemed reliable but not guaranteed.