Housing Affordability in San Bernardino Could Be Shifting

San Bernardino County Real EstateSouthern California is a hot bed for real estate. You’ll find that Los Angeles and Orange County are often the areas that people discuss when looking into housing. However, there are other hotbeds as people realize those two counties are starting to rise to all new levels. The houses can price many individuals out, leaving other cities to get more interesting. San Bernardino, for instance, is getting a great deal of interest, and the median prices are lower than those of Los Angeles County and even Orange County, for houses that are similar in square footage, and beyond.

The Median Price Point in San Bernardino

As far as housing affordability in San Bernardino, consider the average listing price is around $240K. Compared to the median prices of other counties, you’ll find that this becomes advantageous for first time buyers, and those that do not have a large income. Since the median price point starts so low, single family homes can be purchased before the influx of buyers coming from other counties swoop in and cause a rise in the overall price points.

Houses of All Types

As you look into purchasing a home, you’ll find that there are a lot of different styles of houses to consider. You could very well find a 2 bedroom 1 bathroom home for around $169,000 or a large multi-story home for upwards of $485,000. There’s a lot to explore in between the price points, and it truly is a buyer’s market at the present. You’ll want to explore the greater San Bernardino real estate regions, such as Yucca Valley  , as you’ll be able to see what the market is offering, and how far your dollar can stretch overall.

Southern California Is Still Affordable

There are a lot of people that will tell you Southern California realty is not affordable. That could be true about some areas in the region, but if you focus on going east of Los Angeles, into a new county, you’ll find that real estate developers are creating an oasis of homes that are stunning, affordable, and give you all the creature comforts you would expect from other locations, at a fraction of the cost.

If you’re looking for your first home, or simply want to upgrade, without over-stretching your budget, then you may want to look at San Bernardino real estate, as there’s a lot to explore, for a lot less than other areas nearby. There are listings for every budget, and you’ll be surprised if you just look into it today.

Leave a Reply

Your email address will not be published. Required fields are marked *