Below is a simple chart of data illustrating the average days to sell of Beaumont, California homes grouped by list price. This data is from January of 2015 to June 2015 and only takes into account list prices and days on the market.
What's interesting is conventional wisdom tells us the higher the price the longer we should expect a home to be on the market, yet this chart clearly shows the opposite to be the case for Beaumont homes for sale within this data's parameter's.
For Beaumont homes priced between $0 to $200,000 the average days on the market were about 68 days. For Beaumont homes priced between $200,000 to $300,000 the average days on the market were about 70 days. For homes priced between $300,000 to $400,000 the average days to sell were about 61, and for Beaumont homes priced between $400,000 to $500,000 the average days on the market were under 20 days.
This data was derived from 361 listings, with 69, 71, 61 and 19 homes being represented, respectively. What I think is more important when reading into this graph is not necessarily days on the market compared to list prices, but that more Beaumont CA homes are around the $300,000 price range. That says a lot about were our local real estate market is for the first half of 2015.
If you're buying or selling a home in Beaumont and would like assistance, call, text or email us anytime: Call (951) 490-3698 or email GarrigusRealEstate@yahoo.com.
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