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December 20, 2007

Ontario, CA Market Update for November 2007

Here are the latest real estate market statistics for Ontario, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 45.5%*

Average October 2007 November 2007 % Change
Asking Price $392,394 $379,305 -3.3%
Sales Price $378,280 $478,149 26.4%
% of Asking Price 96% 126% 31.3%
$/SQFT $277 $301 8.7%
Days on Market 67 83 23.9%
Total Transactions 49 37 -24.5%

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

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 12/17/2007: 1,212 properties on the market with 551 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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