Local Market Update – October 2017 Figures
It is the time of year when home sales typically slow down. Yet, we’re experiencing somewhat of an anomaly for the season according to historical records. The number of home sales has not dropped significantly from the busy summer season. October sales figures were comparable to those of April. Many buyers are still looking, and those homes on the market that are priced correctly are being snatched up quickly. Below is the sales data for the various cities in our area.
| CITY | October Average Sales Price | Oct. Ave. Days on Market | Total # of Sales – October | Total # of Sales – YTD | Year over Year Appreciation |
| Arcadia | $ 1,155,021.00 | 52 | 56 | 531 | -2.90% |
| Azusa | $ 47,089.00 | 43 | 44 | 414 | 9.40% |
| Baldwin Park | $ 385,813.00 | 34 | 31 | 275 | 5.90% |
| Claremont | $ 826,770.00 | 44 | 28 | 335 | 3.10% |
| Covina | $ 537,123.00 | 37 | 58 | 579 | 7.60% |
| Diamond Bar | $ 617,465.00 | 44 | 66 | 566 | 3.60% |
| Glendora | $ 657,559.00 | 49 | 32 | 412 | 6.30% |
| Hacienda Heights | $ 614,489.00 | 47 | 28 | 351 | 6.10% |
| La Puente | $ 431,267.00 | 35 | 30 | 468 | 6.90% |
| La Verne | $ 655,115.00 | 42 | 26 | 269 | -1.70% |
| Montclair | $ 406,933.00 | 37 | 27 | 208 | 4.50% |
| Ontario | $ 378,503.00 | 36 | 130 | 1151 | 7.10% |
| Pomona | $ 393,551.00 | 32 | 92 | 801 | 10.10% |
| Rancho Cucamonga | $ 537,050.00 | 46 | 146 | 1539 | 7.50% |
| Rowland Heights | $ 691,217.00 | 30 | 25 | 261 | 2.90% |
| San Dimas | $ 711,935.00 | 50 | 23 | 295 | 6.50% |
| Upland | $ 549,254.00 | 39 | 90 | 709 | 5.70% |
| Walnut | $ 919,154.00 | 51 | 28 | 285 | 10.50% |
| West Covina | $ 592,538.00 | 23 | 68 | 741 | 7.20% |
If you’ve been thinking of selling, but are afraid you may have missed the season, have no fear. There are plenty of buyers out there, and they tend to be more serious buyers. The supply of homes is limited, making it harder for buyers. But both buyers and sellers can be satisfied as long as a qualified market expert is the agent you choose. Contact me with any questions. I’m always happy to help! 626-290-1250
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