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Fontana Market Report for July 2008

By
Real Estate Broker/Owner with Empire Realty

No matter what the market, people will continue to desire to live in Fontana, as it remains one of the most active cities within San Bernardino County. Comparatively speaking, the Fontana housing market continues to post brisk sales. 

In of July 2008, 213 single family homes and a total of 3 condos/townhomes sold, down 183 from last month, this is a good size increase from last month.  My overall view of the market is still slipping. Click Here to view the San Bernardino County market report.

Closed Sales for July 2008: Up 58 from last month

265 Single Family Homes

2 Condos/Townhomes

Pending Sales for July 2008: Up 69 from last month

707 Single Family Homes

13 Condos/Townhomes

Current Actives as of Today's Post: Down 159 from last month

1,665 Single Family Homes

59 Condos/Townhomes

Foreclosure Activity for July 2008

92335 - 187 Notice of Defaults (NOD) Down 1 from last month

92335 - 161 Notice of Foreclosure Sale (NOS) Up 8 from last month

92336 - 235 Notice of Defaults (NOD) Down 39 from last month

92336 - 207 Notice of Foreclosure Sale (NOS) Down 22 from last month

92337 - 130 Notice of Defaults (NOD) Down 3 from last month

92337 - 112 Notice of Foreclosure Sale (NOS) Up 8 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 September 14, 2008 for Fontana is $156, down $9 from last month.

Fontana- 92335

   

Single Family Residences

SFR Only

     

San Bernardino County

# SFR

Price (1,000)

% chg from Previous Year

$/Sq Ft

Media Price Prior to Present Month % change SFR

Prior to Present Month Change $ Per Sq Ft

Prior to Present Month Median $ Change ($1,000)

     

Fontana

Feb 08

22

$282

-27.20%

$201

           

Fontana

Mar 08

20

$261

-33.90%

$203

1.00%

$2

($21)

     

Fontana

Apr 08

24

$254

-34.90%

$176

-13.30%

($27)

($7)

     

Fontana

May 08

39

$215

-43.40%

$158

-10.23%

($18)

($39)

     

Fontana

Jun 08

58

$195

-48.30%

$148

-6.33%

($10)

($20)

     

Fontana

Jul 08

70

$208

-42.20%

$147

-0.68%

($1)

$13

     
         

-27%

           
         

$54

           
                       
                       

Fontana- 92336

   

Single Family Residences

SFR Only

     

San Bernardino County

# SFR

Price (1,000)

% chg from Previous Year

$/Sq Ft

Media Price Prior to Present Month % change SFR

Prior to Present Month Change $ Per Sq Ft

Prior to Present Month Median $ Change ($1,000)

     

Fontana

Feb 08

42

$363

-21.90%

$171

           

Fontana

Mar 08

66

$340

-27.90%

$170

-0.58%

($1)

($23)

     

Fontana

Apr 08

74

$340

-24.40%

$163

-4.12%

($7)

$0

     

Fontana

May 08

127

$339

-28.60%

$150

-7.98%

($13)

($1)

     

Fontana

Jun 08

119

$321

-25.50%

$149

-0.67%

($1)

($20)

     

Fontana

Jul 08

146

$320

-27.30%

$139

-6.71%

($10)

($1)

     
         

-19%

           
         

$32

           

Fontana- 92337

   

Single Family Residences

SFR Only

     

San Bernardino County

# SFR

Price (1,000)

% chg from Previous Year

$/Sq Ft

Media Price Prior to Present Month % change SFR

Prior to Present Month Change $ Per Sq Ft

Prior to Present Month Median $ Change ($1,000)

     

Fontana

Feb 08

23

$290

-25.10%

$174

           

Fontana

Mar 08

23

$282

-31.40%

$159

-8.62%

($15)

($8)

     

Fontana

Apr 08

44

$264

-34.00%

$168

5.66%

$9

($18)

     

Fontana

May 08

30

$269

-32.40%

$164

-2.38%

($4)

$5

     

Fontana

Jun 08

59

$276

-29.60%

$147

-10.37%

($17)

$7

     

Fontana

Jul 08

68

$252

-32.50%

$155

5.44%

$8

($24)

     
         

-11%

           
         

$19

           

 
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 La Verne 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.