Local Market Stats – November 2018 Figures
11 Dec 2018 by Mary Anglin

We see an interesting swing in the market when we review statistics from November, which point to the market evening out a bit. Compared to the previous November, homes stayed on the market longer this year, and fewer homes were sold. This was the trend for every city in our area.

While some fear this trend (remembering 2008), the experts predict – and the data supports – that we’re simply moving to a more balanced market. Our market has favored sellers in the past few years, which made home purchasing a difficult task for many.  Homes will continue to appreciate, but at a more realistic level.

WHAT DOES THIS MEAN FOR YOU?  Buyers, it’s a great time for you to get into a home! Sellers, your home needs to Stand Out!  Make sure the agent you hire goes the extra mile in marketing your home – no more just sticking it on the MLS & putting a sign in the yard.

You can look at your city in the chart below to see just where you stand, whether buying or selling. Check the final column to see which market you’re in; buyer, seller, or balanced.

A “balanced market” is a 6 month supply of homes. A “sellers’ market” is anything less than that, while a “buyers’ market” is any that has more than 6 month supply.
CITY November Average Sales Price Nov. Ave. Days on Market Total # of Sales – November Total # of Sales – YTD Year over Year Appreciation Active Listings Months of Supply
Arcadia  $             1,332,114 50 45 516 -12.2% 269 6.0
Azusa  $                472,830 35 43 442 7.0% 90 2.1
Baldwin Park  $                433,681 39 19 277 -0.2% 78 4.1
Claremont  $                794,846 54 23 298 -10.6% 74 3.2
Covina  $                540,639 38 43 577 6.0% 139 3.2
Diamond Bar  $                767,141 51 40 510 6.2% 222 5.6
Fontana  $                405,084 34 139 1772 8.6% 391 2.8
Glendora  $                711,722 47 46 506 4.9% 141 3.1
Hacienda Heights  $                647,787 41 32 374 7.2% 118 3.7
La Puente  $                468,209 32 42 512 9.4% 120 2.9
La Verne  $                670,004 42 29 271 6.2% 55 1.9
Montclair  $                410,400 45 10 207 6.9% 42 4.2
Montebello  $                592,219 35 20 241 7.8% 45 2.3
Ontario  $                420,392 36 108 1202 9.9% 312 2.9
Pomona  $                446,958 29 62 847 8.4% 206 3.3
Rancho Cucamonga  $                562,762 38 98 1583 9.3% 432 4.4
Rowland Heights  $                725,600 42 15 208 -1.1% 78 5.2
San Dimas  $                605,062 41 24 304 3.2% 97 4.0
Upland  $                588,247 45 50 770 7.6% 197 3.9
Walnut  $                729,688 41 17 240 -3.6% 131 7.7
West Covina  $                587,663 31 30 628 6.7% 166 5.5

Let me know if you need more detailed information on your city or your home. I’m always happy to help.

Remember, when hiring an agent it’s always important to look for someone who understands the market and can answer your questions. You can call or text me at (626) 290-1250 or email me at MaryAnglin.Realtor@gmail.com.

Mary Anglin

With expertise in Southern California residential real estate, I have a passion for assisting those in more seasoned stages of life whether retiring, downsizing, or transitioning through another milestone. Utilizing efficient processes, professional collaboration, and comprehensive experience in my field, I am dedicated to being your trusted advocate and resource while navigating your real estate needs with innovation and expertise.

I'm a Realtor serving the Los Angeles Metro area, with a focus in the San Gabriel Valley. Certified as a Seniors Real Estate Specialist®, a Certified Probate and Trust Specialist®, a Certified Real Estate Negotiator®, a Commitment to Excellence Realtor®, and a Pricing Strategy Adviser®, I also hold designation as a Real Estate Digital Marketer® and a Listing Expert Agent® and have advanced training in Transaction Coordination.

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