No matter what the market, people will continue to desire to live in Rancho Cucamonga, as it remains one of the most prestigious cities within San Bernardino County. Comparatively speaking, the Rancho Cucamonga
housing market continues to post brisk sales.
In of May 2008, 122 single family homes and a total of 34 condos/townhomes sold, up 19 from last month. My overall view of the market is still going slip even though it appears to be getting a little summer stability. CLICK HERE for the San Bernardino County market report.
Closed Sales for May 2008: Up 18 from last month
95 Single Family Homes
25 Condos/Townhomes
Pending Sales for May 2008: Up 50 from last month, more good news!
216 Single Family Homes
54 Condos/Townhomes
Current Actives as of Today's Post: Down 72 from last month
588 Single Family Homes
174 Condos/Townhomes
Foreclosure Activity for May 2008 - They are picking up steam, watch out!
91701 - 28 Notice of Defaults (NOD) Down 7 from last month
91701 - 48 Notice of Foreclosure Sale (NOS) Up 9 from last month
91730 - 103 Notice of Defaults (NOD) Up 23 from last month
91730 - 80 Notice of Foreclosure Sale (NOS) Up 30 from last month
91737 - 28 Notice of Defaults (NOD) Up 4 from last month
91737 - 24 Notice of Foreclosure Sale (NOS) Up 5 from last month
91739 - 66 Notice of Defaults (NOD) Up 5 from last month
91739 - 49 Notice of Foreclosure Sale (NOS) Up 2 from last month
Price Per Square Foot
Looking at the price per square foot helps us understand the value placed on homes in a real estate market. Median Price per Sqft. as of June 15, 2008 for Rancho Cucamonga is $234, down $6 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.
For information on purchasing your next home in Rancho Cucamonga or
anywhere in the Inland Empire call Empire Realty at 909-579-6611 or visit
us on the web at Empire Realty.
Empire Realty is your one stop shop for information and Full Service at a
Discount.
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