New Downward Trend in Home Sales for Banning Real Estate Market

On top of a 2.4% decline in sales numbers this week to land at 41 homes sold over the last 30 days, the Banning market still shows a confirmed trend downward overall. The median sales price climbed to $236,000 over the latest reporting period for Banning, up from $233,000. In spite of sales trending lower, there are only three months of inventory available, which signals that Banning is a still seller's market.

Trying to find an affordable a home? Take a look at these low-priced listings in Banning:

$115K   $135K   $138K  

Get started right now by checking out Banning homes for sale or reviewing Banning real estate trends.

Demographic facts about Banning:

  • The median age of the population is 42 years old.
  • The health cost index score in this area is 102.2. (100 = national average)
  • Here are some of the distributions of commute times for the area: <15 min (40.7%), 15-29 min (20.4%), 30-44 min (17.8%), 45-59 min (9.8%), >60 min (11.3%).

Data reported through 10/12/2016


Ask a local expert about this area:
Remax Results
Snapped 2 homes in this area
Real Estate Masters Group
Snapped 7 homes in this area
Robbins Realty
Snapped 1 home in this area

Agents that specialize in this area
2 snaps in this area
7 snaps in this area
1 snap in this area
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