Fontana, CA

The months of supply of homes for sale is extremely low for single family homes in Fontana. From this time last year, the supply of homes for sale has decreased by 85%.

The supply and demand for single family homes in Fontana shows us that the supply is down 67%, the demand for single family homes is down 19% from this time last year.

Fontana remains a market full of affordability for first time home buyers. Over the past year the median sales price has decreased by 25%. Additionally, since last year the average days on the market has increased by 2%.

So what does all this mean for you? Many homeowners are very likely to owe more on their homes than the current value. It is a good idea to seek the professional advice of a licensed Realtor to find out your options. It also means that there are many buyers looking in Fontana that would be interested in purchasing a home while affordability is present.

Keisha Hosea is a local Market Expert and Realtor in Chino Hills, California with Keller Williams Realty, She is the Team Director and CEO of KASI Homes. She has been a local resident of Chino Hills and the Inland Empire for over 22 years and enjoys volunteering with the City of Chino Hills in her spare time. You may call her direct at (909) 261-6377 for further questions on this information or any other real estate advice. You may also visit the website at http://KASIHomes.com

A total of 54 Fontana homes were added to those listed for sale during the week ending Oct. 5, 2009, according to the Inland Multi-Regional Multiple Listing Service and 73 Fontana properties were reported as entering escrow during the week.

A total of 411 Fontana homes were listed for sale in the MLS on Oct. 5. Included were 376 single-family homes not in associations. There were 35 condominiums, townhomes and single-family homes in homeowner associations listed for sale in Fontana on Oct. 5; 159 homes were reported as vacant.

The MLS showed 81 foreclosed, or Real Estate Owned, homes listed in Fontana on Oct. 5; 220 others were in pre-foreclosure - listed as "in foreclosure," Notice of Default or Short Pay/Subject to Lender.

There were 70 Fontana homes reported in the MLS as sold during the week ending Oct. 5, 2009.

Ila Josephs, an associate Realtor with Tarbell, Realtors, prepares weekly reports for her website, www.ilajosephs.com, surveying home market activity in the Inland Empire cities of Chino, Claremont, Fontana, La Verne, Montclair, Ontario, Pomona, Rancho Cucamonga, and Upland. For more information, call Ila at (909) 261-3541.

A total of 65 Fontana homes were added to those listed for sale during the week ending Sept. 21, 2009, according to the Inland Multi-Regional Multiple Listing Service and 74 Fontana properties were reported as entering escrow during the week.

A total of 438 Fontana homes were listed for sale in the MLS on Sept. 21. Included were 401 single-family homes not in associations. There were 37 condominiums, townhomes and single-family homes in homeowner associations listed for sale in Fontana on Sept. 21; 165 homes were reported as vacant.

The MLS showed 92 foreclosed, or Real Estate Owned, homes listed in Fontana on Sept. 21; 226 others were in pre-foreclosure - listed as "in foreclosure," Notice of Default or Short Pay/Subject to Lender.

There were 52 Fontana homes reported as sold in the MLS during the week ending Sept. 21, 2009.

Ila Josephs, an associate Realtor with Tarbell, Realtors, prepares weekly reports for her website, www.ilajosephs.com, surveying home market activity in the Inland Empire cities of Chino, Claremont, Fontana, La Verne, Montclair, Ontario, Pomona, Rancho Cucamonga, and Upland. For more information, call Ila at (909) 261-3541.

Sixty-three Fontana homes were added to those listed for sale during the week ending Aug. 30, 2009, according to the Inland Multi-Regional Multiple Listing Service and 78 Fontana properties were reported as entering escrow during the week.

A total of 486 Fontana homes were listed for sale in the MLS on Aug. 30. Included were 448 single-family homes not in associations. There were 38 condominiums, townhomes and single-family homes in homeowner associations listed for sale in Fontana on Aug. 30; 182 homes were reported as vacant.

The MLS showed 109 foreclosed, or Real Estate Owned, homes listed in Fontana on Aug. 30; 277 others were in pre-foreclosure - listed as "in foreclosure," Notice of Default or Short Pay/Subject to Lender.

Fifty-nine Fontana homes were reported as sold in the MLS during the week ending Aug. 30, 2009.

Ila Josephs, an associate Realtor with Tarbell, Realtors, prepares weekly reports for her website, www.ilajosephs.com, surveying home market activity in the Inland Empire cities of Chino, Claremont, Fontana, La Verne, Montclair, Ontario, Pomona, Rancho Cucamonga, and Upland. For more information, call Ila at (909) 261-3541.

Fifty-four Fontana homes were listed for sale during the week ending Aug. 21, 2009, according to the Inland Multi-Regional Multiple Listing Service.

A total of 480 Fontana homes were listed for sale in the MLS on Aug. 21. Included were 444 single-family homes not in associations. There were 36 condominiums, townhomes and single-family homes in homeowner associations listed for sale in Fontana on Aug. 21; 192 homes were reported as vacant.

The MLS showed 109 foreclosed, or Real Estate Owned, homes listed in Fontana on Aug. 21; 268 others were in pre-foreclosure - listed as "in foreclosure," Notice of Default or Short Pay/Subject to Lender.

Forty-six Fontana homes were reported as sold in the MLS during the week ending Aug. 21, 2009.

Ila Josephs, an associate Realtor with Tarbell, Realtors, prepares weekly reports for her website, www.ilajosephs.com, surveying home market activity in the Inland Empire cities of Chino, Claremont, Fontana, La Verne, Montclair, Ontario, Pomona, Rancho Cucamonga, and Upland. For more information, call Ila at (909) 261-3541.