Southern California is one of the most vibrant real estate markets in the country. If you're looking to buy a home GO HERE to perform a Full Home Search, or if you want to put your home on the market, CLICK HERE to receive a Free Home Value Report. For any other questions you have about your home's value, or the general state of the market, please call me at 909-319-8338 or shoot me an email at Paul.PVRealEstateExperts@gmail.com
Because we at Paul Vyhnalek Real Estate Experts service such a large area in Southern California, we will be discussing a few specific locales each week. Today, we'll talk about some market trends we've seen in the Glendora and Upland areas over the last 6 months.
Glendora
What does all this mean? Active listings signify the number of homes available to be purchased, while pending home sales are situations where an offer has been accepted, the home is in escrow, and the parties are working toward a closed sale - in other words, you have happy sellers and excited buyers.
These numbers are good news because home prices have fallen flat in these areas since 2013, but we are still seeing a lot of buying activity. We've also seen that sellers are getting just about what they are asking for their home. Sellers that price their home right from the beginning are getting 98% of the list price with few, if any, concessions during negotiations.
Every week we put together an in-depth look at what the market is up to. You can access that for free at PaulVyhnalek.com. Or, if you would like to ask specific questions about your area, feel free to give us a call. We are always available to help you make sense of our area markets!
Glendora
- Active listings: 93
- Average days on market: 60-70 days
- Pending home sales: 27
- Off-market homes: 31
- Closed sales: 226
- Active Listings: 164
- Average days on market: 60 days
- Pending home sales: 49
- Off-market home: 63
- Closed sales: 319
What does all this mean? Active listings signify the number of homes available to be purchased, while pending home sales are situations where an offer has been accepted, the home is in escrow, and the parties are working toward a closed sale - in other words, you have happy sellers and excited buyers.
These numbers are good news because home prices have fallen flat in these areas since 2013, but we are still seeing a lot of buying activity. We've also seen that sellers are getting just about what they are asking for their home. Sellers that price their home right from the beginning are getting 98% of the list price with few, if any, concessions during negotiations.
Every week we put together an in-depth look at what the market is up to. You can access that for free at PaulVyhnalek.com. Or, if you would like to ask specific questions about your area, feel free to give us a call. We are always available to help you make sense of our area markets!
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