The market activity report below is streamlined for a quick view of home listings, sales and leases available. I hope this will be more convenient for viewers. Please let me know if you find it helpful and especially if you would like additional information. The "Prior Week" column is information for the week ending August 16, 2008.
During the past year, the number of listings in each city have declined, along with prices. The number of homes sold is increasing as home buyers take advantage of lower prices and low interest rates. There are some signs that housing prices may be leveling off - multiple offers on bank-owned properties and renewed construction in nearly every Inland Valley city.
The figures below were compiled from information provided by the Inland Multi-Regional Multiple Listing Service. For additional information, please call Ila Josephs at (909) 261-3541 or send an e-mail message in the form at the bottom of the page.
Market Activity as of August 24, 2008* | Past Week | Prior Week |
Chino Homes Listed During Week | 17 | 27 |
Total Number of Homes Listed for Sale | 344 | 347 |
Single-Family (no monthly fee) | 220 | 226 |
Homes in Associations (such as condos) | 124 | 121 |
Vacant Homes for Sale | 132 | 135 |
Short Sales | 110 | 112 |
Lender-Owned Homes for Sale | 42 | 45 |
Homes Sold During Week | 3 | 5 |
Homes for Lease | 35 | 35 |
Median Monthly Lease Payment | $2,100 | $2,000 |
* As reported by the Inland Multi-Regional MLS. |
Ila Josephs, an associate Realtor with Tarbell, Realtors, 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. For more information, call Ila at (909) 261-3541.
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 will be happy to assist you.
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