Homes for Sale > Real Estate Market > California Real Estate Market > Glendora Real Estate Market

Winter 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Glendora. Low rates with present home prices makes a home purchase a great value! Call now for more information with Erik: 909-964-6478 or 818-693-0129

Average Home Price $475,000 - View Graph Trend
Average Price Compared to Last Year Up 5-10%
Average Time on Market 60-90 days
Best Selling Price Range$450,000 - $499,000
Worst Selling Price Range$100,000 - $149,000
Prices As % of Asking Price 85-90%
Existing Home Prices for the past 90 days are?No Change
Market Trend No Change
Buyers’ or Sellers’ Market More sellers than buyers
Buyer Activity for the past 90 days in Glendora isNo Change
Seller Activity for the past 90 days in Glendora is?No Change
Multiple Offers?Yes
Multiple Offers CommentaryMultiple offers are especially the case with homes offering great curb appeal since people from the area know of how well the city does hold its value.
What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?10-15%
Is Financing Available For Qualified Buyers?Yes
Comments on Financing For Qualified BuyersThe lenders do understand very well that the City of Glendora is a very solid area to lend in for their client base and this does account for much great support for continued financing needed for mortgage loans.
Housing Inventory Good supply - Some Prices
Inventory CommentsHomes or estates with excellent curb appeal and attraction do move well within this city at a solid price. Well placed prices on homes will move properties and this city has much appeal to it.
Greatest Activity Repeat Buyers
Reason to Buy/Sell Good economic news
Nearest Metro AreaLos Angeles
Housing Hot SpotsMost cities within the Los Angeles County area are considered ’Housing Hotspots’ and Glendora is one of them.
Average Sold Price $475,000 - View Graph Trend
Glendora Local News

Sluggish housing market in line for a better 2012, according to quarterly survey

The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.

The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.

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Mortgage Rates
– Feb 11th, 2012 –
---------------------------------
 30 yr. fixed rate:     3.89%
 15 yr. fixed rate:     3.21%
  30 yr. jumbo rate:  4.60%
  15 yr. jumbo rate:  3.96%

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