Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was up 35% from one year earlier, and down 13% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was just under 740-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold did not change reflecting virtually no change in the local inventory-turnover rate. The median sale price was 630-thousand dollars. The number of units sold increased 18% year-over-year, and increased 36% 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.
Show Transcript
Map Information for Chino Hills, CA
Area Information for Chino Hills, CA
Population:78,493
Median Age:38.27 yr
Median Commute Time:38 mins
Educational Climate*:4
Sales Tax:0%
Population Density:1,756/sq mi
Population Change Since 2000:17.21%
Closest Airport:Ontario International
Closest College:Western University Of Health Sciences
Closest Jr. College:Mt San Antonio College
Median Household Income:$96,724
Annual Residential Turnover:0%
Median Home Sales Price:$638,250
Closest Major Sports Team:Rancho Cucamonga Quakes (a)
Change Avg. Household Income Since 2000:31.42%
* Scale from 1-5 ** Index where 100 is the national average
Demographic Data for Chino Hills, CA
Median Age: 38.27Married: 46%Number of Households: 24,066Households with Children: 9,413
Community:
Occupancy Types
3599Vacant
8822Owned
12512Rented
Transportation to Work
43%Drive
47%Public Transportation
8%Walk / Bike / Other
8%Work at Home
National Index Comparisons:
(100 National Average)
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.