La Verne Market Report for January 2008

By
Real Estate Broker/Owner with Empire Realty

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

In of January 2008, 11 single family homes and a total of 0 condos/townhomes sold, up 2 from last month. My overall view of the market is still slipping.

Closed Sales For January 2008: Up 2 from last month

10 Single Family Homes

0 Condos/Townhomes

Pending Sales For January 2008: Up 5 from last month

19 Single Family Homes

0 Condos/Townhomes

Current Actives As of Today's Post: Up 12 from month

105 Single Family Homes

16ondos/Townhomes

Foreclosure Activity for January 2008

16otice of Defaults (NOD) Up 11 from last month

6 Notice of Foreclosure Sale (NOS) Up 1 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 December 30, 2007 for La Verne is 323, down $3 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 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.

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