Ontario, CA Real Estate Market Report for November, 2010
For years, Ontario home pricing raced ahead of inflation. since their peak several years ago, Ontario's prices have fallen (adjusted) 48.77% as of November. Now, more than ever, the savvy home buyer or seller needs to know the numbers FOR HIS/HER LOCAL MARKET. Past articles have been concerned with Ten Cities including and surrounding Ontario. These statistics are as local as you cab get... specifically for Ontartio, CA Only. Further analysis and cities compared can be seen at R.E.Stats.
Ontario, CA Real Estate Market Report for November, 2010 - All information for Single Family Dwellings Detached
- Active Listings -356 Units - Up slightly from October (350)
- Pending Sales -257 Units - Up slightly from October (243)
- Closed Sales -53 Units - down 43.6% from 11/2009
- Average Selling Price -$232,461 - Up 4.7% from 11/2009
- Average Days-On-Market (sold homes) - Up 14 days this month to 63 days
- Average Dollars per Sq. Foot -$161.745.1 in October
Ontario's proportion of "Standard Sale" closed transactions at 48.1%. "Bank Owned" sales represented only 33.3% and "Short Sales" just 18.5%.
If you have any questions, PLEASE feel free to call or e-mail me at your convenience.
This has been your Ontario, CA Real Estate Market Report for November, 2010. Watch for coverage of other communities and an updated report next month. Subscribing to this Blog can have these valuable reports delivered directly to your e-mail. Thanks for your interest and the Best of Success in your home search or Sale.
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It's All About YOU! Brad Rachielles, REALTOR, Upland, CA
Brad Rachielles, REALTOR. Helping Inland Empire Buyers and Sellers with their Real Estate needs in the Communities of: Upland, Rancho Cucamonga, Fontana, Claremont, Ontario, Chino, Chino Hills, Pomona and La Verne, CA.
Web Page: http://www.BradRachielles.com