Sept. 28, 2008 - Home Market Activity
With prices and the number of Rancho Cucamonga homes on the market falling, and the number of bank-owned properties rising, home buyers are finding some excellent opportunities this fall.
Six months ago, on March 30, 2008, there were 956 previously owned homes listed for sale, 25 percent more than the current 769 homes now available. Some of the homes listed then, short sales, will be returning to the market, marked down by the lenders who now own them.
It is now possible to find a good selection of 3-bedroom, 2-bath homes built in the last 20 years and priced well under $300,000.
The market activity report below is streamlined for a quick view of home listings, sales and leases available. I hope this will is convenient and helpful. Please contact Ila if you would like additional information. Figures from last week are included.
The figures were compiled from data provided by the Inland Multi-Regional Multiple Listing Service.
Ila Josephs, an associate Realtor with Tarbell, Realtors, prepares weekly reports for her website, www.ilajosephs.com, surveying home market activity in 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.
| Rancho Cucamonga Home Market Activity | ||
| Market Activity as of Sept. 28, 2008* | Sept. 28, 2008 | Sept. 21, 2008 |
| Rancho Cucamonga Homes Listed During Week | 46 | 56 |
| Total Number of Homes Listed for Sale | 769 | 771 |
| Single-Family (no monthly fee) | 504 | 501 |
| Homes in Associations (such as condos) | 265 | 270 |
| Vacant Homes for Sale | 307 | 304 |
| Short Sales | 254 | 263 |
| Lender-Owned Homes for Sale | 122 | 125 |
| Homes Sold During Week | 20 | 16 |
| Homes for Lease | 126 | 127 |
| Median Monthly Lease Payment | $1,995 | $2,000 |
| * As reported by the Inland Multi-Regional MLS. | ||
Posted: October 9th, 2008 under Rancho Real Estate.
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