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October 13, 2007

Rancho Cucamonga, CA Market Update for September 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: 48.6%*

Average August 2007 September 2007 % Change
Asking Price $535,205 $511,893 -4.4%
Sales Price $521,260 $488,625 -6.3%
% of Asking Price 97% 96% -1.0%
$/SQFT $265 $278 4.9%
Days on Market 50 63 26.0%
Total Transactions 66 41 -37.9%

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 10/9/2007: 1,135 properties on the market with 552 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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