Ever wonder where is the most popular city for the rich to live in East San Gabriel Valley?
The
followings is a comparison chart of houses sold that are over
5000 sq ft from January 2010 to May 2010 in the area.
|
City
|
No.
Sold
|
Price
Range
|
|
Diamond
Bar
|
7
|
$1.7M
- $5.5M
|
|
Walnut
|
3
|
$1.4M
- $1.5M
|
|
Claremont
|
3
|
$1.1M
- $1.5M
|
|
Hacienda
Heights
|
2
|
$1.2M
- $1.4M
|
|
Chino
Hills
|
2
|
$1.5M
- $1.9M
|
|
Whittier
|
2
|
$1.7M
- $2.2M
|
|
Rowland
Heights
|
1
|
$1.7M
|
|
Glendora
|
1
|
$1.5M
|
All 7 properties sold in Diamond Bar are in the guard gated community of "The Country". It has the most expansive real estate and is the number one choice for the wealthy elite. Walnut and Claremont run 2nd with 3 properties sold in each city.
With the new found wealth from China, about 40% of those transaction are sold all cash showing the financial strength of buyers in cities that are popular among Chinese.
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