At Home in Upland: Claremont, CA - Real Estate Market Report - August, 2014

Claremont, CA - Real Estate Market Report - August, 2014

Br Brad Rachielles, REALTOR

Claremont is the home of the famous college group, collectively called the Claremont Colleges. The whole community would appear to place a heavy emphasis on education. As such, real estate needs are diverse, so let me stick to only the single family residences (S.F.R.). Home sales prices for the last year ranged from $265,000 to $3,600,000 with only 297 closed sales in Claremont.

Looking at August, 2014 S.F.R. Sales

  • Active listings in Claremont remained mostly constant in August from a month ago. Closed sales wouldMarket Update Graphic seam to have plummeted if you look at the percentages.... the reality is that the drop was only six homes, this giving an indication that statistics in communities with low volume can be skewed substantially by fairly small bumps or dips.
  • The average selling price increased by 2.6% to $742,363 and would likely be a true indicator as the average size of the sold homes changed very little. It is interesting to note that Claremont home prices have come very close to the peak prices seen in mid 2007.
  • Even though inventories have climbed some, Claremont exhibits a strong "Seller's Market" overall. It is tough for a buyer to match a well defined wish list in Claremont because there are relatively few properties to select from. That said, buying a home in Claremont will likely be very satisfying.
  • A futures indicator is found in the "Pending Home Sales Numbers. Pendings are homes with accepted contracts but not yet closed. Back-up sales are another class of pending sales where the seller wants to have offers to open if the present buyer falls out of the transaction. Together (P+BU) increased slightly last month.

The REAL ESTATE STATISTICS FOR CLAREMONT

August 2014 real estate stats for claremont Ca provided by Brad RachiellesThe data is from the CRMLS and is deemed to be accurate but can not be guaranteed.

These are the numbers in a nutshell. if you would like a copy of my entire report for the ten cities in my service area, call me at 909-816-7333 or e-mail me at BradRachielles@dslextreme.com and I'll be happy to help you wade through the LOCAL numbers. If neighborhood numbers are what you need... LET'S Talk!

That's it. This has been the:

Claremont, CA - Real Estate Market Report - August, 2014

 

 

 

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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.

CDPE Certified Distressed Property Expert, Brad Rachielles, Real EstateCell: 909-816-7333  B.R E. # 01489453

Web Page: http://www.BradRachielles.com

e-Mail: bradrachielles@dslextreme.com

 

Comment balloon 3 commentsBrad Rachielles • September 11 2014 08:48PM

Comments

Fine information and a great post. Have a great day ahead and a terrific weekend.

Posted by David Saks almost 3 years ago

Thanks David. Greatly Appreciated.

Posted by Brad Rachielles, REALTOR, CDPE, Upland, CA (CENTURY 21 Peak, Ca BRE# 01489453) almost 3 years ago

You always present good information, Brad. Hope you're staying busy in Upland and enjoying life too. Happy Halloween to you. 

Posted by Debb Janes EcoBroker and Bernie Stea JD, REALTORs® in Clark County, WA (ViewHomes of Clark County - Nature As Neighbors) almost 3 years ago

Participate