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 April's Market Update. Let’s take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 35% from one year earlier, and down 8% 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 550-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 19%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 480-thousand dollars. The number of units sold decreased 13% year-over-year, and increased 17% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. 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.
Show Transcript
Map Information for West Covina, CA
Area Information for West Covina, CA
  • Population: 107,839
  • Median Age: 36.78 yr
  • Median Commute Time: 33 mins
  • Educational Climate*: 3
  • Sales Tax: 9%
  • Population Density: 6,722/sq mi
  • Population Change Since 2000: 3.44%
  • Closest Airport: Ontario International
  • Closest College: American Graduate University
  • Closest Jr. College: Mt San Antonio College
  • Median Household Income: $69,862
  • Annual Residential Turnover: 13%
  • Median Home Sales Price: $429,000
  • Closest Major Sports Team: Anaheim Storm
  • Change Avg. Household Income Since 2000: 30.98%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for West Covina, CA
Median Age: 36.78 Married: 39% Number of Households: 32,152 Households with Children: 12,440
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 School Rating Parent Rating
      Coronado High (continuation) School 0.4 mi Public 10-12 1 0
      South Hills Academy 0.4 mi Private PRESCHOOL-8 0 0
      Merced Elementary School 0.6 mi Public K-5 4 0
      Montessori Academy Of West Covina 0.7 mi Private PRESCHOOL-2 0 0
      Merlinda Elementary School 0.9 mi Public PRESCHOOL-6 4 0
      Hollencrest Middle School 1.1 mi Public 6-8 3 0
      Cameron Elementary School 1.1 mi Public K-5 3 0
      Vine Elementary School 1.1 mi Public K-5 3 0
      West Covina High School 1.1 mi Public 9-12 4 4
      Walnut Grove Intermediate School 1.2 mi Public 7-8 3 3
      Dove Day School 1.4 mi Private PRESCHOOL-8 0 0
      Kindercare Learning Centers Inc # 465 1.5 mi Private PRESCHOOL-PRESCHOOL 0 0
      St. Christopher Parish School 1.6 mi Catholic K-8 0 0
      Wescove Elementary School 1.6 mi Public K-2 0 0
      California Elementary School 1.8 mi Public 3-6 3 0
      Rio Verde Academy 1.9 mi Public K-12 0 0
      Giano Intermediate School 2.1 mi Public 7-8 1 4
      Edgewood High School 2.1 mi Public 9-12 4 3
      Vincent Children's Center 2.2 mi Public PRESCHOOL-PRESCHOOL 0 0
      Workman Avenue Elementary School 2.2 mi Public K-5 3 0
      Christ Lutheran Elementary School 2.2 mi Private PRESCHOOL-8 0 0
      Edgewood Middle School 2.3 mi Public 6-8 3 0
      Orangewood Elementary School 2.3 mi Public K-5 3 0
      Discovery Montessori Preschool Kindergarten 2.3 mi Private PRESCHOOL-K 0 0
      South Hills High School 2.3 mi Public 9-12 4 3
      Rowland Avenue Elementary School 2.4 mi Public K-5 3 0
      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 School 2.5 mi Private PRESCHOOL-8 0 0
      East San Gabriel Valley Rop School 2.5 mi Public UNGRADE-UNGRADE 0 0
      Mesa Elementary School 2.5 mi Public K-5 4 0
      Learning Garden Montessori School 2.6 mi Private K-4 0 0
      San Jose Charter Academy 2.7 mi Public PRESCHOOL-8 5 0
      Grovecenter Elementary School 2.8 mi Public K-5 3 0
      Monte Vista Elementary School 2.8 mi Public K-6 3 0
      Jubilee Christian School 2.9 mi Private K-8 0 0
      West Covina Christian Elementary School 2.9 mi Private PRESCHOOL-8 0 0
      Eagle Academy 3.0 mi Private 1-12 0 0
      Telesis Academy Of Science & Math 3.2 mi Public K-8 3 0
      West Covina Hills Adventist School 3.3 mi Private K-8 0 0
      Hollingworth Elementary School 3.4 mi Public PRESCHOOL-6 2 0
      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: Onboard Informatics © 2015. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      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.