What are home sales like in Chino Hills, California in February 2011? The months of supply of single family homes for sale in Chino Hills, CA for the month of February 2011 shows a 3.9 month supply of single family homes to sell. This decreased from 4.2 last month. From this time last year, the supply of homes for sale has increased by 9%.
The supply and demand for single family homes in Chino Hills shows us there were 10% more homes for sale this February than there were last February and the demand from buyers for homes in Chino Hills is down 34%. There were 50 homes sold last February and there were 33 homes sold this February. The median sold price for homes in Chino Hills in February 2011 is down 2% since February 2010. Last February the median sales price overall was $410,000. In February 2011, the median sales price has decreased to $400,000. So how long does it take to sell a home in Chino Hills, CA? The average days on the market has increased since February 2010 by 123%. For February 2011, homes were on the market an average of 87.9 days as opposed to 39.4 days last year. Looks like Chino Hills home sellers have to wait a little longer to pack their bags than last year.
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