Rancho Cucamonga 91730 Rental Market Report

Renters, who have long avoided the drama that homeowners have suffered in the roller-coaster housing market, are now facing their downside of the real estate market’s correction here in Rancho Cucamonga. With a wave of former homeowners competing for rental housing and apartment space and little supply coupled with more demand, conditions have suddenly created rising pressure on rental prices and a decrease on vacancies in the area.

If you are looking for rental housing in Rancho Cucamonga, the best zip code to start your search would be 91730.  As shown on the graph above, this zip code has a high percentage of rentals and a low vacancy rate.

The 91730 zip code has 51 Homes For Rent in the MLS and offers over 12 large family complexes with over 64 Apartments for Rent for you to select from.  Sizes vary from 500sf up to just over 2000sf.  The largest demand year over year is for 3+ bedrooms.

You can expect Rental Prices to range from $799.00 - $2600.00 a month depending on bedroom count.

Rancho Cucamonga Market Report

Below are the trends for single family homes and condos in Rancho Cucamonga. If you are thinking of buying or selling a home in the near future, this information will be invaluable! If you have any questions about the information provided, please don't hesistate to contact us. 

Rancho Cucamonga Market Summary

According to Trulia, the average price per square foot for Rancho Cucamonga homes was $186.00. This is an increas of over 8% compared to the same period last year. The median sales price for Rancho Cucamonga homes for the last quarter was $275,000. Compared to the same period one year ago, the median home sales price decreased almost 7% and the number of home sales increased 1.2%. The average listing price for homes for sale in Rancho Cucamonga CA was $365,129 which was slightly higher than the prior week.

 Rancho Cucamonga Homes for Sale

As of today there are many great homes for sale in Rancho Cucamonga.  There are currently 791 homes for sale in Rancho Cucamonga, including 60 foreclosures and 208 in the pre-foreclosure stages of the foreclosure process.  The number of homes changes daily, so be sure to keep coming back to stay informed on Rancho Cucamonga homes for sale.

Below you can search every available home for sale in Rancho Cucamonga. 

Found an interesting (and quite alarming) article discussing how homes built in Inland Southern California have reached an all-time low (this is according to a report released Wednesday by the California Building Industry Association). 2011 marked the third lowest year on record for overall housing production in California. There was a record low number of single-family home constructed which was only slightly mitigated by an increase in the construction of multi-family homes (specifically apartments). Analysts are saying those numbers reflect the increased difficulty in qualifying for mortgages, the weakened economy and a loss of consumer confidence.

It seems to me that as people lose their homes, and their credit is destroyed, they have no place else TO go but a multi-family home and even then, with poor credit, those options are limited. I believe that as more jobs are created, unemployment rates go down, and the economy starts to increase, people will rebuild their credit and look to buying again. I suspect people will be reluctant at first since they already got burned once, but I know they will eventually see that with some knowledge and planning owning a home is one of the best investments you can make! :-)

You may have heard that Dawn dish soap was being used to clean wildlife in recent oil spills but did you know it's also been used recently in major feats of engineering? You heard right! In an extraordinary achievement, engineers in Mesquite, Nevada have devised a way to switch out an old bridge for a new one in a matter of hours. To give you some idea of the enormity of this, the normal process - used across the country even as we speak - can take up to a year of road closures. It's called "Accelerated Bridge Construction" and it was developed by a team in Utah.

Basically, what they did was build the new bridges temporary platforms right next to the old I-15 bridges being replaced. The old bridges were demolished and then hydraulic jacks were used to lift the new bridges up and ease them onto Teflon rails lubricated with - yep, you guessed it - Dawn dish soap and were then slid into place about 5 feet at a time. In addition to the millions saved in labor, it is estimated that $12.7 million was saved in time and fuel costs alone. Now that is innovation we can use!

Okay, that may seem corny, but I have used that as my tag line for years now because I really DO love living and working in Rancho Cucamonga. It's a beautiful, safe, caring community - a great place to raise your kids and a wonderful place to live! I've taken tons of photos over the years and while I'd love to post them all here, I don't want to cause Active Rain to crash, so I'll only post a few. ;-)

The Active Rain Weltanschauung the very last point is "ActiveRain believes that it is in the best interests of real estate professionals to build a community that is focused on educating one another." I really feel like this is one of the core concepts of Active Rain that I personally get the most benefit from. I love reading your posts for a variety of reasons, but learning from you is the main one. I can't tell you how many times I've been reading a post on a subject I thought I knew well only to find some really useful nugget of information that was completely new to me. I feel as though learning from the AR Community helps me to stay on top of a huge variety of subjects, and I am grateful to all of you for sharing your experiences and expertise with us! :-)

I have taken more ARU training classes than I can recall and I have walked away with valuable information each and every time. One of the main reasons is that they have so many varied topics and offer so many during the year that you can choose to attend those that specifically speak to you and where you are in your business right now.

For example, I took a course on using social media in my business and where I was a bit intimidated by sites like Facebook and Twitter before (especially as they relate to Realty), now I'm completely comfortable using them. I'm not an expert, by any means, but I can see it's value and I'm using them to my advantage! I had really thought havign a Facebook page or Twitter feed was a little unprofessional before and I didn't see how helpful they would be. I knew my daughter used them, so I thought they were just for teenagers. You'd be amazed at how many clients (and potential clients) have found me through my Facebook page or, if they found me by other means, how many have asked me for my Facebook and Twitter handles so they can follow me.

At this point, I've used both Twitter and Facebook for contests and community information and just general updates for my community and I'm always looking for new ways to connect. Let me caution you that, like a blog and a website, social media sites need continually fresh content as well to keep people interested and coming back. The plus side is, you don't have to write much due to the 140 character limit! :-)

Can ARU make something daunting into something fun (and profitable)? It sure did for me!

I love that this contest “requires” us to welcome a newbie to Active Rain because in perusing the roster of new members I have come across some incredibly interesting people that I might have missed otherwise. For example, I just met Davetta Byfield, who is a Realtor Extraordinaire in Maryland. She’s only had time to write one post so far, but after reading it I can’t wait for her to post another – although, if I’m not careful her blogs might convince me to move to Maryland myself (my husband would kill me because he’s pretty enamored with SoCal). She’s obviously very intelligent and passionate about her work, which is perfect because that describes the Active Rain community to a “T”. I have a feeling she’s going to fit in very well – welcome Davetta! J

I'm going to try to keep this short, but there's so much I could say about La'Juana that I could write a book! I've had the privledge of  working with La'Juana for a while now and hands down her secret to success is her personality. She knows a lot about her business and is constantly learning, which is critical for a Real Estate professional, but it's her warmth and genuine caring that draw clients to her and keeps them coming back (and recommending her to others). That's one area where technology fails us - reading her home page and her blogs will give you an idea of what she's like, but no matter how bright your screen there's no way for pixels to show you how her smile lights up a room! I am honored that she chose to join Active Rain on my recommendation. :-)