Housing markets naturally fluctuate due to the season and the economy. Right now, the San Bernardino County real estate market in 2025 presents a favorable environment for buyers. With increased inventory levels, longer market times, and recent gradual mortgage rate declines, buyers have more choices and negotiating power than in previous years. And while affordability remains a concern due to elevated interest rates, the gradual easing of mortgage rates has already led to a slight increase in demand. Unlike the highly competitive market of past years, today’s buyers face fewer bidding wars and have the flexibility to make more strategic purchasing decisions. Market conditions currently favor buyers more than at any time since 2019, making it an opportune moment for those considering homeownership. However, this window of opportunity may not last indefinitely, as market conditions are expected to shift if mortgage rates continue to decline and demand increases. This may lead to a robust seller's market and shorter Expected Market Times. 

Inventory Growth Has Created Buyer Leverage

Housing inventory in San Bernardino County has expanded significantly, giving buyers more options and reducing competitive pressure from fellow buyers. Unlike previous years when low supply fueled rapid sales and multiple-offer scenarios, the current market offers more balance and negotiation opportunities.

• The number of homes available for purchase has increased by 48% compared to last year, reaching 5,138 active listings.

• Inventory levels are now 7% higher than the pre-pandemic three-year average (2017-2019), offering buyers more choices.

• The Expected Market Time, or the estimated time to sell all current listings at the existing demand rate, has increased to 99 days—substantially higher than last year’s 65 days.

• More inventory means less urgency, allowing buyers to take their time, compare properties, and negotiate favorable terms.

Why Right Now Is a Great Time to Buy a Home

The combination of higher inventory, slower market times, and easing mortgage rates creates an ideal market for buyers. Unlike the hyper-competitive environment seen in recent years, today’s buyers can move at their own pace, conduct thorough inspections, and make well-informed decisions without fear of losing a home instantly to multiple offers. As mortgage rates continue to decline, buyer activity is expected to increase, potentially making the market more competitive later in the year. Acting now allows buyers to take advantage of current conditions before demand picks up.

Improving Affordability and Demand Ahead

While affordability remains a concern, a recent drop in mortgage rates has improved conditions for buyers. The shift in interest rates may lead to a gradual increase in demand, and a further decrease in rates could make homes even more affordable.

• Mortgage rates have dropped to 6.77%, down from over 7% earlier in the year, improving purchasing power.

• Pending home sales increased by 12% in recent weeks, showing early signs of rising buyer activity.

• Demand remains below pre-pandemic levels, allowing more buyer leverage to secure better deals.

• If mortgage rates continue to decline toward 6%, affordability will improve further, making homeownership more accessible.

• Buyers now have more room to negotiate prices, closing costs, and contingencies than in previous years.

Housing Market Projections in 2025 to Favor Sellers

The current buyer-friendly conditions are expected to evolve as the market reacts to changes in mortgage rates and economic factors. If rates continue to decline toward 6% or lower, buyer demand is projected to rise significantly. A more competitive market could lead to shorter Expected Market Times, increased multiple-offer situations, and rising home values. Economic indicators such as employment rates and inflation will influence how quickly this shift occurs. Again, buyers who act now may benefit from a less competitive environment before market conditions change. Those who act now may benefit from better pricing, negotiation leverage, and improved affordability before the market shifts toward increased demand and faster sales cycles in the coming months. If projections are right, it may soon be a hot seller's market in San Bernardino County.