Historical Housing Market Report in Banning California

101 Total
Homes For Sale

42 Homes
Added to the Market

39 Homes
Sold

Compared to Previous Month

10%

More Homes For Sale

41%

More Homes Sold

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Last month in November, housing in Banning, CA ended with 42 homes being added to the market for sale, for a cumulative monthly total of 101 homes for sale - up 10% compared to October. Banning, CA had a total of 39 homes sold for the month - up 41% from the month prior.

Detached led the way in homes sold with a total of 39 - up 41%, while attached totaled 0 in closed sales - even from the month of October. The number of detached properties sold under 1500 square feet totaled 21 for the month of November, while homes from 1500 to 2000 square feet recorded 8 sales and homes sized from 2000 to 2500 square feet had 6 sales. While homes from 2500 to 3000 square feet square feet recorded 3 homes sold and homes from 3000 to 3500 square feet had 1 sales. The following ranges for detached homes all had no sales: 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.

The number of attached homes sold The following ranges for attached homes all had no sales: under 1500, 1500 to 2000, 2000 to 2500, 2500 to 3000, 3000 to 3500, 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.

November:

39 Homes Sold

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The last 12 month period for the city of Banning, CA shows that the greatest number of homes were sold during the months of December 2023, April 2024 and November 2024. The months of December 2023, April 2024 and November 2024 had 39 - 39 and 39 homes sold, respectively, as compared to an average of 30 for the other months of the year.

January:

11 Days On Market

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The last 12 month period for the city of Banning, CA shows that homes sold the fastest during the months of January 2024, April 2024 and May 2024. The months of January 2024, April 2024 and May 2024 had 11 - 17 and 20 days on market, respectively, as compared to an average of 31 for the other months of the year.

Average Price Of Homes Sold In Banning, CA
By Size Category

Average Price Of Homes Sold In Banning, CA
By Year

Number of homes sold in Banning, CA
Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2024	20	27	32	39	29	33	35	30	38	23	39	-	345
2023	27	27	38	39	54	43	46	40	39	32	35	39	459
2022	38	51	53	47	66	49	41	43	41	38	35	33	535
2021	39	38	59	39	43	41	57	49	47	64	52	59	587
2020	34	37	35	29	31	39	53	41	54	50	44	50	497
2019	28	24	47	42	35	49	65	58	45	58	34	40	525
2018	37	23	40	53	53	42	37	43	36	43	34	32	473
2017	28	35	41	48	49	42	39	50	45	48	39	35	499

Average Days On Market (DOM) In Banning, CA
Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Average
2024	11	28	27	17	20	23	29	36	28	33	40	-	27
2023	39	45	55	52	41	35	28	45	23	19	29	37	37
2022	18	21	13	11	21	16	20	26	34	31	37	42	24
2021	18	15	16	20	9	9	11	11	10	12	20	14	14
2020	64	50	53	27	15	34	37	28	31	32	15	17	34
2019	39	56	54	51	45	53	57	48	45	45	70	32	50
2018	33	66	25	36	33	30	35	39	32	30	30	49	36
2017	34	42	33	40	29	26	17	42	28	42	34	61	36

Average Days From List To Close Of Escrow In Banning, CA
Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Average
2024	71	78	78	59	69	83	85	92	73	75	102	-	79
2023	94	98	108	106	101	79	80	109	89	88	93	93	95
2022	75	78	64	63	68	64	59	74	82	78	91	97	74
2021	71	69	69	72	60	59	65	67	56	63	86	66	67
2020	127	98	111	77	93	103	96	92	94	105	73	74	95
2019	109	105	105	96	98	103	107	114	106	102	122	101	106
2018	83	121	76	91	83	90	80	78	87	77	83	91	87
2017	89	107	106	95	85	84	72	105	82	97	92	105	93

Number of homes added to the market in Banning, CA
Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2024	45	44	41	40	41	58	53	50	47	52	42	-	513
2023	50	43	49	38	61	47	44	53	26	37	37	31	516
2022	60	55	60	59	57	56	39	46	51	51	33	25	592
2021	44	37	49	38	43	54	71	76	47	46	51	32	588
2020	34	74	41	34	38	46	35	42	49	49	47	28	517
2019	44	35	51	61	52	46	44	53	33	37	35	23	514
2018	52	44	48	43	37	50	36	52	43	43	33	21	502
2017	42	47	41	44	41	50	42	40	48	34	30	25	484

Historical Housing Market for Banning, CA

November 2024 Real Estate Report

Average Price Of Homes Sold In Banning, CA
By Size Category

Average Price Of Homes Sold In Banning, CA
By Year

Historical Housing Market for Banning, CA

November 2024 Real Estate Report

Average Price Of Homes Sold In Banning, CA By Size Category

Average Price Of Homes Sold In Banning, CA By Year

Average Price Of Homes Sold In Banning, CA
By Size Category

Average Price Of Homes Sold In Banning, CA
By Year