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Fontana Market Information

By
Real Estate Agent with (909) 476-9600 ~ WeLoveSellingRealEstate.com BRE# 01327312

This information is for the period of July 21, 2010 through August 11, 2010. The average price per square foot for Fontana CA was $128 which was an increase of 8.5% when compared to the same period last year. The median sales price for homes in Fontana CA for May 10 to Jul 10 was $218,000 based on 1,307 home sales. When compared to the same period one year ago, the median home sales price increased 17.8% (or $33,000), and the number of home sales decreased 24.5%. There are currently 736 resale and new homes in Fontana, including 1 open house, as well as 3,151 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Fontana CA was $248,636 for the week ending Aug 11, which represents an increase of 1.2%, or $3,035, compared to the prior week. 
 

Nick T Pappas
Assoc. Broker ABR, CRS, SFR, e-Pro, @Homes Realty Group, Broker/Providence Property Mgmnt, LLC Huntsville AL - Huntsville, AL
Madison & Huntsville Alabama Real Estate Resource

Hello Mike, this is good information for people in you area to know.  I'm curious what you think about how important the $/sf statistic is.  I know some areas don't use them at all and others heavily rely on them.  Often I see smaller homes in what might be considered a desirable neighborhood list or sell for higher $/sf than larger homes...maybe it's a bit like buying in volume, anyway I think that tends to skew the stats...any thoughts?

Aug 22, 2010 03:57 PM