What are home sales like in Chino Hills, California in January 2011? The months of supply of homes for sale in Chino Hills, CA for the month of January 2011 shows a 4.2 month supply of homes to sell. From this time last year, the supply of homes for sale has decreased by 16%.
The supply and demand for homes in Chino Hills shows us there were 26% more homes for sale this January than there were last January and the demand from buyers for homes in Chino Hills is up 18%. There were 39 homes sold last January and there were 46 homes sold this January. The median sold price for homes in Chino Hills in January 2011 is down 12% since January 2010. Last January the median sales price overall was $470,000. In January 2011, the median sales price has decreased to $412,500. There are plenty of buyers but sellers are going to sell for less than what they have in the past. So how long does it take to sell a home in Chino Hills, CA? The average days on the market has increased since January 2010 by 29%. For January 2011, homes were on the market an average of 75.9 days as opposed to 58.7 days last year. Looks like Chino Hills home sellers have to wait just a little longer to pack their bags than last year. For corresponding pictures of the graphs log on to KASIHomes.com
This real estate market report constitutes a general overview of homes single family homes in Chino Hills, CA. For a report that is more specific to your home type and area, please feel free to email KHosea@KASIHomes.com or call direct at (909) 261-6377. All information is deemed reliable but is not guaranteed.
Keisha Hosea is a local Market Expert and Chino Hills Realtor with Keller Williams Realty. She is the Team Director and CEO of KASI Homes. Keisha Hosea and the KASI Homes team offer help to home buyers and home sellers in the Inland Empire. With a Master of Arts Degree in Marriage, Family and Child Counseling, Keisha has worked extensively with families in transition and divorcing couples selling homes. KASI Homes is the place where you find Real Estate Solutions For Real People. For more information call direct at (909) 261-6377. Visit the website at http://KASIHomes.com