Real Estate Market Update for Redlands, CA
Hide / View Video Transcript
Hide / View Video Transcript
Welcome to January's Market Update. Let's take a look at residential real-estate activity in your area during the month of January. The number of active listings was down 18% from one year earlier and down 2% from the previous month This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month... was just over 340-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 16% This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 260-thousand dollars. The number of units sold Decreased 32% year-over-year and Decreased 45% month-over-month Fewer sales may be indicating more opportunity for buyers to negotiate better sales terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for Redlands, CA
Area Information for Redlands, CA
  • Population: 69,223
  • Median Age: 30.18 yr
  • Median Commute Time: 17.6 mins
  • Educational Climate*: 4
  • Recycling Likelihood**: 96
  • Sales Tax: 11%
  • Population Density: 1,740/sq mi
  • Population Change Since 2000: 9%
  • Closest Airport: March Arb
  • Closest College: University Of Redlands
  • Closest Jr. College: Crafton Hills College
  • Median Household Income: $67,268
  • Annual Residential Turnover: 17.19%
  • Median Years in Residence: 3.76 yr
  • Median Home Sales Price: $212,574
  • Closest Major Sports Team: Inland Empire 66ers (a)
  • Change Avg. Household Income Since 2000: 40%
* Scale from 1-5** Index where 100 is the national average
Demographic Data for Redlands, CA
Median Age: 30.18 Married: 38% Number of Households: 25,047 Households with Children: 9,102
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Redlands, CA

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Kimberly Elementary School 0.1 mi Public K-5 4 5
      Valley Preparatory School 0.6 mi Private PRESCHOOL-8 0 4
      Kingsbury Elementary School 1.0 mi Public K-5 3-5 4
      Cope Middle School 1.3 mi Public 6-8 3-5 4
      Redlands Senior High School 1.4 mi Public 9-12 3-5 3
      Smiley Elementary School 1.5 mi Public K-5 3-5 4
      Moore Middle School 1.5 mi Public 6-8 4 4
      Sacred Heart Academy 1.5 mi Catholic K-8 0 4
      Ahrens Child Care Center 1.5 mi Private PRESCHOOL-K 0 5
      Mckinley Elementary School 1.6 mi Public K-5 3-5 5
      Franklin Elementary School 1.9 mi Public K-5 3-5 4
      Westside Christian School 2.1 mi Private PRESCHOOL-6 0 5
      Mariposa Elementary School 2.2 mi Public K-5 4-5 5
      Hope Christian Elementary School 2.2 mi Private K-9 0 0
      Orangewood High (continuation) School 2.2 mi Public 10-12 1 3
      Crafton Elementary School 2.2 mi Public K-5 4 3
      Redlands Christian School 2.2 mi Private PRESCHOOL-8 0 4
      Arrowhead Christian Academy 2.2 mi Private 7-12 0 4
      Redlands Adventist Academy 2.2 mi Private K-12 0 4
      Judson & Brown Elementary School 2.7 mi Public K-5 4-5 5
      Clement Middle School 2.7 mi Public 6-8 3 4
      Redlands East Valley High School 2.7 mi Public 9-12 3-5 4
      Lugonia Elementary School 2.8 mi Public K-5 2 2
      Montessori In Redlands School 3.0 mi Private PRESCHOOL-6 0 4
      Grove School 3.2 mi Public 7-12 3-5 4
      Colton-redlands-yucaipa Rop School 3.3 mi Public UNGRADE-UNGRADE 0 0
      Citrus Valley High School 3.5 mi Public 9-12 3-5 0
      Benchmark Young Adult School 3.6 mi Private 9-12 0 0
      Benchmark Young Adult School 3.6 mi Private 9-12 0 0
      Citrus Valley Christian Academy 3.6 mi Private 1-12 0 0
      Packinghouse Christian Academy 3.8 mi Private K-12 0 4
      Mission Elementary School 3.9 mi Public K-5 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics 2014
      Local Weather for Redlands, CA
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.