Real Estate Market Update for West Covina, CA

Video: Real Estate Community Tour for West Covina, CA

See Real estate community tour for West Covina, CA
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 39% from one year earlier, and down 14% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 540-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 2%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 470-thousand dollars. The number of units sold increased 5% year-over-year, and increased 17% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for West Covina, CA
Area Information for West Covina, CA
  • Population: 107,154
  • Median Age: 35.51 yr
  • Median Commute Time: 29.94 mins
  • Educational Climate*: 3
  • Sales Tax: 9%
  • Population Density: 6,680/sq mi
  • Population Change Since 2000: 2.72%
  • Closest Airport: Ontario International
  • Closest College: American Graduate University
  • Closest Jr. College: Mt San Antonio College
  • Median Household Income: $71,672
  • Annual Residential Turnover: 18.06%
  • Median Years in Residence: 3.98 yr
  • Median Home Sales Price: $320,000
  • Closest Major Sports Team: Anaheim Ducks
  • Change Avg. Household Income Since 2000: 33%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for West Covina, CA
Median Age: 35.51 Married: 32% Number of Households: 31,586 Households with Children: 14,587
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for West Covina, CA

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Coronado Alternative School 0.4 mi Public 9-12 0 0
      Tips South Hills Academy 0.4 mi Private PRESCHOOL-8 0 4
      Merced Elementary 0.6 mi Public K-5 4-5 4
      Merlinda Elementary 0.9 mi Public K-6 4 4
      Vine Elementary 1.1 mi Public K-5 4 4
      Hollencrest Middle School 1.1 mi Public 6-8 3-5 3
      Cameron Elementary 1.1 mi Public K-5 4 4
      West Covina High School 1.1 mi Public 9-12 3 3
      Walnut Grove Intermediate 1.3 mi Public 7-8 2-5 4
      Dove Day School 1.4 mi Private PRESCHOOL-8 0 5
      Kindercare Learning Centers Inc # 465 1.5 mi Private PRESCHOOL-PRESCHOOL 0 0
      St Christopher Parish School 1.6 mi Catholic K-8 0 3
      Wescove Elementary 1.6 mi Public K-2 3 4
      Rio Verde Academy 1.9 mi Public K-12 0 0
      California Elementary 1.9 mi Public 3-6 3 4
      Giano Intermediate 2.1 mi Public 7-8 2-5 3
      Edgewood High School 2.1 mi Public 9-9 3-5 5
      Vincent Children's Center 2.2 mi Public PRESCHOOL-5 0 0
      Workman Avenue Elementary 2.2 mi Public K-5 3 3
      Christ Lutheran Elementary 2.2 mi Private PRESCHOOL-8 0 4
      Edgewood Middle School 2.3 mi Public 6-8 2 3
      Orangewood Elementary 2.3 mi Public K-5 3-5 3
      Discovery Montessori Preschool Kindergarten 2.3 mi Private PRESCHOOL-K 0 0
      Rowland Avenue Elementary 2.4 mi Public K-5 4 4
      South Hills High School 2.4 mi Public 9-12 3-5 3
      Kindercare Learning Centers Inc # 1065 2.4 mi Private PRESCHOOL-K 0 0
      Traweek Middle School 2.5 mi Public 6-8 3 3
      Straight Way, The 2.5 mi Private PRESCHOOL-8 0 4
      East San Gabriel Valley Rop 2.5 mi Public UNGRADE-UNGRADE 0 0
      Mesa Elementary 2.5 mi Public K-5 4 4
      West Covina Education Center 2.5 mi Private PRESCHOOL-K 0 0
      Learning Garden Montessori School 2.6 mi Private K-4 0 4
      San Jose Charter Academy 2.7 mi Public K-8 4-5 4
      Grovecenter Elementary 2.7 mi Public K-5 4 4
      Monte Vista Elementary 2.8 mi Public K-6 3-5 4
      Jubilee Christian School 2.9 mi Private K-8 0 5
      West Covina Christian Elementary 2.9 mi Private PRESCHOOL-8 0 5
      Eagle Academy 3.0 mi Private 1-12 0 0
      Telesis Academy Of Science & Math 3.2 mi Public K-8 0 0
      West Covina Hills Adventist School 3.3 mi Private K-8 0 0
      Hollingworth Elementary 3.4 mi Public PRESCHOOL-6 2 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for West Covina, CA
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.