By: Brad Rachielles, Realtor
To say that the Upland, CA. Real estate Market is changing is an understatement. However, listening to the national or even county stats from the big name reports may be confusing, especially when you get right down to buying or selling a home in Upland, CA.
So, the following information is totally LOCAL Real Estate activity and only for Upland, CA in August, 2014. This can be broken down even further to the neighborhood level, so call me and I'll be happy to help you get the numbers you need.
UPLAND IN A NUTSHELL
- Active listings fell off some (about 4%) as did closed sales (about 8%). Together these can account for the increase in available home inventory for the month.
- Upland's average selling price increased 5.2%, primarily because the average square footage of sold units also increased by 5.6%. The crosscheck for this is to look at the change in the Average Sales Dollar Per Square Foot.... That dropped $0.82 telling me that in the bigger scheme of things there was not much real change in pricing.
- Very encouoraging is the fact that the combination of Pending Sales plus BackUp Sales is up almost 7% over last month. This is encouraging for the market's future.
- My 10 Cities Report shows that there has been an increase in both Short Sales and Bank Owned Listings in Upland. This report is available by e-mailing me at BradRachielles@dslextreme.com .
Here are more of the Local numbers gleaned from the LOCAL MLS (CRMLS).
While the numbers are deemed to be accurate they can not be guaranteed.
IF YOU ABSOLUTELY HAVE TO HAVE THE WHOLE REPORT....
I look at nine other cities surrounding Upland that make up my service area with equal detail. Actually, there is even more information in graphs and detail available. I will share this gladly with anyone interested in buying or selling a home in Upland, CA or the surrounding area. Call Brad Rachielles at 909-816-7333, or e-mail me at Bradrachielles@dslextreme.com .
This has been the .....
Upland, CA - Single Family Residence Market Report - August, 2014
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It's All About YOU! Brad Rachielles, REALTOR, CDPE, GREEN, Upland, CA.
Brad Rachielles, REALTOR, CDPE, GREEN
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.
Call Me at 909-816-7333
Web Page: http://www.BradRachielles.com