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Upland Market Report for November 2007

By
Real Estate Broker/Owner with Empire Realty

No matter what the market, people will continue to desire to live in Upland, as it remains one of the most prestigious cities within San Bernardino County. Comparatively speaking, the Upland housing market continues to outpace the bulk of cities in the San Bernardino County. 

In of November 2007, 10 single family homes and a total of 3 condos/townhomes entered escrow, a down from last month.  Total sales are down 53.5% for the same period last year and 14.1% from last month's sales in the Inland Valley MLS, keep in mind that some of this is seasonal trends coming into play.

My overall view of the market is still slipping, Click Hereto view an article about the market conditions of the Inland Empire.

Closed Sales For November 2007: Up by 2 from Last Month

22 Single Family Homes

2 Condos/Townhomes

Pending Sales For November 2007: Down by 13 from Last Month

19 Single Family Homes

5 Condos/Townhomes

Current Actives As of Today's Post: Down Slightly from Last Month

366 Single Family Homes

48 Condos/Townhomes

Foreclosure Activity for November 2007

57 Notice of Defaults (NOD) Up by 15 from last month

48 Notice of Foreclosure Sale (NOS) Up by 25 from last month

It's important to stay in tune with the changes in the market. Call Empire Realty for your next personal real estate consultation at (909) 579-6611, or visit us on the web at Empire Realty.