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July 20, 2008: Ontario, CA, Home Market Activity Report

By
Real Estate Agent with Tarbell, Realtors

Homes Sold: Twelve previously-owned homes closed escrow in Ontario during the week ending July 19, 2008, and 34 Ontario homes reportedly entered escrow during the week, according to the Inland Multi-Regional Multiple Listing Service, which shows listings and sales of previously-owned homes reported by real estate professionals.

Homes for Sale: The MLS said 37 new Ontario listings were added during the week, for a total inventory of 832 previously-owned homes listed in Ontario on July 20, including 566 single-family homes with no monthly fees and 266 condominiums, town homes and single-family homes in associations. The MLS listings indicated 347 of homes currently on the market were vacant. Of the homes for sale in Ontario, 258 were listed as "short sales" and 137 were being sold by the lender, according the MLS listing information.

Homes for Lease: As of July 20, the MLS reported, 45 Ontario homes were available for leasing. Of those, the median monthly rental price was $1,750.

Please click on http://marketreport.ilajosephs.com to see local sales statistics for May 2008.

Ila prepares weekly market activity reports for her website, www.ilajosephs.com, surveying the cities of Chino, Claremont, Fontana, La Verne, Montclair, Ontario, Pomona, Rancho Cucamonga, San Dimas and Upland.

Whether you are buying or selling real estate in cities along the 210 Freeway from San Dimas to Fontana, or in Ontario, Montclair or Chino, Ila and her team of experienced professionals will be happy to assist you.