Spring 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

Agent quarterly survey shows growing optimism toward a housing market recovery

End of tunnel, meet light. Real estate agents have been imagining that vision for a while, and first-quarter optimism in 2012 has some saying the road to recovery could be just around the corner.

Much of the upbeat attitude from HouseHunt's market condition survey stems from tighter inventory and houses not remaining as long on the market. Of agents reporting, 38 percent said inventory was tight in their cities, compared to 32 percent in the fourth quarter of 2011 and 13 percent at the beginning of last year. Regarding time on the market, 30 percent reported houses selling in 60 days or less, compared to 22 percent in the previous quarter and 10 percent at the beginning of 2011.

Click here for full article...
Contact Information

Top Agent
Top Agent
     1-888-832-2244
Request More Information  

Let me answer your questions!

First Name
Last Name
Email
Phone

Questions or Comments

 

   Let Me Answer Your Questions! Ask Me!
Blog Archives


Mortgage Rates
– May 28th, 2012 –
---------------------------------
 30 yr. fixed rate:     3.82%
 15 yr. fixed rate:     3.11%
  30 yr. jumbo rate:  4.38%
  15 yr. jumbo rate:  3.61%

Home Values
 Street
 
 Zip Code
 



 
Search Homes Property Type
Min Price
Max Price
Min Beds
Min Baths
 
Top Agent
Request More Information  

Let me answer your questions!

First Name
Last Name
Email
Phone

Questions or Comments

 

Let Me Answer Your Questions! Ask Me!
Top Agent
HouseHunt, Inc.
HouseHunt, Inc.

  1-888-832-2244




Receive New Listings by Email Get Free Monthly Newsletter   |   Find Glendora Homes for Sale   |   Search Glendora Real Estate
(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
California Homes for Sale  |   California Real Estate News |   Homes for Sale  |   Real Estate Market News  |   Hot Markets  |   Agents Join