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July 17, 2007

Rancho Cucamonga, CA Market Update for June 2007

Here are the latest real estate market statistics for Rancho Cucamonga, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 40.2%*

Average May 2007 June 2007 % Change
Asking Price $504,348 $567,409 12.5%
Sales Price $495,050 $556,515 12.4%
% of Asking Price 98% 98% 0.0%
$/SQFT $278 $274 -1.4%
Days on Market 48 67 39.6%
Total Transactions 111 88 -20.7%

Search for homes in Rancho Cucamonga, CA and read a neighborhood overview of the Rancho Cucamonga, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 7/9/2007: 1,046 properties on the market with 421 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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