Warning - Market statistics for Eastvale and Corona, CA
It is officially Spring in Eastvale CA. The weather is warming up and Summer is right around the corner. As you are well aware of, the weather can get pretty hot in the Inland Empire during the Summer months. Is there a correlation between the market and the weather for 2012? Might it be a sellers market in the next few months?
For the last 3 month of 2012, we been seeing a slight improvement in our market. According to data provide by OCAR board, the total number of homes sold increased from 214 to 357. The average market time has decreased from 108 to 97 days. There is definitely an indication that our market has hit bottom and it is on the recovery mode.
March 2012 Statistic for Eastvale/Corona
February 2012 Statistic for Eastvale/Corona
January 2012 Statistc for Eastvale/Corona
Might this be an indication that our housing market is also heating up for the Summer months? As the inventory dwindles, the price of homes might also be on the rise. Eastvale CA is know as one of the city that is very attractive to investors, especially foreign investors and cash buyers. More and more investors are purchasing properties in Eastvale due to its potential of cash flow and upward potential for home appreciation.
If you are seriously thinking on jumping into Eastvale market, due it soon before our market gets too HOT. Feel free to contact me at 949-892-9677 and let me guide you through our Eastvale market.
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