The months of supply of homes for sale is extremely low for single family homes in Rialto. From this time last year, the supply of homes for sale has decreased by 83%.

The supply and demand for single family homes in Rialto also shows us that the number of single family homes for sale is down 65%, the number of single family homes sold is down 25%.

Over the past year the median sales price has increased by 35%. Since last year, the average days on the market has decreased by 30%.  Homes are on the market 20 days less than before.

So what does all this mean for you? It means that if you are a seller in Rialto, you are quite likely to be able to sell quickly and receive multiple offers. If you are a buyer, the affordability of the market will allow you to purchase a home that you may have been waiting for but could not quite afford a year ago.

Keisha Hosea is a local Market Expert and Realtor in Chino Hills, California with Keller Williams Realty, She is the Team Director and CEO of KASI Homes. She has been a local resident of Chino Hills and the Inland Empire for over 22 years and enjoys volunteering with the City of Chino Hills in her spare time. You may call her direct at (909) 261-6377 for further questions on this information or any other real estate advice. You may also visit the website at http://KASIHomes.com