The months of supply of homes for sale is extremely low for single family homes in Chino Hills. From this time last year, the supply of homes for sale has decreased by 75%.

The supply and demand for single family homes in Chino Hills also shows us that the number of single family homes for sale is down 60%. The number of homes for sale (demand) for single family homes has increased by 4%.

Over the past year the median sales price has increased by 4%. Since last year, the average days on the market has decreased by 26%. Therefore homes for sale are on the market 21 less days.

So what does all this mean for you? It means that if you are a seller in Chino Hills, you are quite likely to be able to sell quickly and receive multiple offers. If you are a buyer, be prepared to make your offer competitive and be sure to consult with a Realtor that specializes in the area.

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