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Banning Market Trends

Today, December 16, 2009

Median Sales Price in Banning

Embed Info
1 yr 5 yr Max
Banning median sales prices
Number of sold homes in Banning
No. BedroomsSep - Nov '09y-o-y3 months prior1 year prior5 years prior
1 bedroom$39,208-37.3%$38,000$62,500$83,500
2 bedrooms$86,500-10.7%$65,000$96,850$170,022
3 bedrooms$127,000-14.3%$121,250$148,250$227,500
4 bedrooms$141,000-15.6%$160,000$167,000$278,000
All properties$123,000-14.6%$120,000$144,000$235,000
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Banning Summary

The median sales price for homes in Banning CA for Sep 09 to Nov 09 was $123,000. This represents an increase of 2.5%, or $3,000, compared to the prior quarter and a decrease of 14.6% compared to the prior year. Sales prices have depreciated 47.7% over the last 5 years in Banning.

The average listing price for Banning homes for sale on Trulia was $195,783 for the week ending Dec 08, which represents an increase of 0.6%, or $1,182, compared to the prior week and an increase of 3.9%, or $7,404, compared to the week ending Nov 17. Average price per square foot for Banning CA was $95, a decrease of 12% compared to the same period last year.

 

Average Listing Price in Banning

Embed Info
1 yr 5 yr Max
Banning average property price
Banning – number of properties
No. BedroomsWeek ending
Dec 8
w-o-wWeek ending
Dec 1
Week ending
Nov 24
Week ending
Nov 17
1 bedroom-----
2 bedrooms$175,884+0.4%$175,229$174,315$168,501
3 bedrooms$189,697+1.1%$187,554$188,771$187,486
4 bedrooms$192,056-0.6%$193,215$180,290$175,496
All properties$195,783+0.6%$194,601$193,138$188,379
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Average Price Per Sqft for Homes in Banning

Embed Info
1 yr 5 yr Max
Banning average price per square foot
No. BedroomsSep - Nov '09y-o-y3 months prior1 year prior5 years prior
1 bedroom$72-43.3%$106$127$151
2 bedrooms$109-6.8%$106$117$169
3 bedrooms$90-13.5%$104$104$160
4 bedrooms$81-19.8%$204$101$154
All properties$95-12.0%$125$108$161
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Homes for Sale in Banning

4756 Spring View Drive, Banning CA
4756 Spring…
$162,900
4 br  2 ba
2297 West Hays Street, Banning CA
2297 W Hays…
$55,500
 
2200 West Wilson Street #6, Banning CA
2200 W Wil…
$100,000
2 br  2 ba
2200 West Wilson Street #14, Banning CA
2200 W Wil…
$55,000
2 br  2 ba
3800 West Wilson Street #175, Banning CA
3800 W Wil…
$105,000
2 br  2 ba
1462 West Wilson Street, Banning CA
1462 W Wil…
$296,800
5 br  5 ba
View all Banning Homes for Sale
 
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Nearby Cities

Cities
Median
sales price
Average
listing price
Beaumont
$205,000
$225,414
Cherry Valley
$120,050
$395,095
Cabazon
$55,000
$179,924
Calimesa
$190,000
$230,076
San Jacinto
$140,000
$140,166
White Water
$120,900
$97,835
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Advice

Recent Q&A in Banning, CA

Q: im haveing so many problems with the first home buyers program i feel like giveing up could someone call me that no"s something about this to 1 answer
Q: I purchased a property on forecloser found mold and was not disclose what can I do? 3 answers
Q: Is Banning a safe city to raise a family? 2 answers
Q: How much is house at 248 N 14th St., Banning, CA worth? 1 answer
Q: what is the status on 1771 e. wesley -is it bank owned &1499 e. wesley Be the first to answer

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Nearby Cities Home Prices

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Banning Stats & Trends

  • Banning Real Estate Overview
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Our real estate market trends page gives you a valuable overview of the Banning real estate market. Find Banning properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Banning average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Banning housing statistics are available for each Banning, CA neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.