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

The months of supply of homes for sale is low for single family homes in Diamond Bar. From this time last year, the supply of homes for sale has decreased by 31%. There are 16% more homes available since last month.

The supply and demand for single family homes in Diamond Bar shows us that while the supply is down 34%, the demand for single family homes is up by 15%. Despite what you may have heard from the national media reports, in the city of Diamond Bar over the past year the median sales price has increased by 5%. This is a 1% gain since last month. This is not the only good news. Since last year, the average days on the market has decreased by 19%. This is also up since last month by 15%

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