What are home sales like in Chino, California? The months of supply of homes for sale in Chino, CA for the month of January 2011 shows a 4.1 month supply of homes to sell. From this time last year, the supply of homes for sale has decreased by 49%.
The supply and demand for homes in Chino CA shows us there were only 2% more homes for sale this January 2011 than there were last January 2010, the demand from buyers for homes in Chino CA increased 48%. January 2010 there were 29 homes sold whereas this January 2011, there were 43 homes sold. Not only were there more homes sold in Chino CA this January, but the median sold price for homes in Chino CA is up 5%. Last January the median sales price overall for single family Chino CA homes was $285,000. In January 2011, the median sales price has increased to $299,900. So how long does it take to sell a home in Chino, CA? The average days on the market has increased since October 2009 by 32%. This means that home sellers considering placing their homes on the market for sale should not delay. For January 2011, homes were on the market an average of 70 days in comparison with 53 days in January 2010.
This report constitutes a general overview of homes including single family homes within the area. For a report that is more specific to your home type and area, please feel free to email KHosea@KASIHomes.com or call direct at (909) 261-6377.
Keisha Hosea is a local Market Expert and Chino Hills Realtor with Keller Williams Realty. She is the Team Director and CEO of KASI Homes. Keisha Hosea and the KASI Homes team offer help to home buyers and home sellers in the Inland Empire including Chino Hills homes, Fontana homes, Diamond Bar homes, Chino homes. With a Master of Arts Degree in Marriage, Family and Child Counseling, Keisha has worked extensively with families in transition such as divorcing couples selling homes and probate real estate. KASI Homes is the place where you find Real Estate Solutions for Real People. For more information call direct at (909) 261-6377. Visit the website at http://KASIHomes.com