What's the Market Like in Chino Hills, CA? (August 2009 Housing Stats)

The months of supply of homes for sale is extremely low for single family homes in Chino Hills. From this time last year, the supply of homes for sale has decreased by 77%.

Over the past year the median sales price has decreased by 14%. Since last year, the average days on the market has increased by 3%.

So what does all this mean for you? It means that if you are a seller in Chino Hills, you are quite likely to be able to sell quickly and receive multiple offers. As a buyer, be prepared to submit you highest and best offer at all times. You are likely to be in a multiple bidding situation if it is a nice, move in ready home.

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 www.KASIHomes.com