March 29, 2009: Pomona Home Market Activity

Forty-four Pomona homes were listed for sale during the week ending March 28, 2009, and 32 homes entered escrow, according to the Inland Multi-Regional Multiple Listing Service.

A total of 543 Pomona homes were listed for sale in the MLS on March 29. Included are 426 single-family homes. There were 117 condominiums, townhomes and single-family homes in homeowner associations listed for sale in Pomona on March 29; 219 homes were reported as vacant.

The MLS showed 124 foreclosed, or Real Estate Owned, homes listed in Pomona on March 29; 187 others were in pre-foreclosure - listed as "in foreclosure," Notice of Default or Short Pay/Subject to Lender. Please note: The MLS only recently required the type of sale of listed homes to be reported when a listing is entered into the system; the numbers of homes in foreclosure or having a Notice of Default - both of which likely would have short payoffs - does not included previously listed homes.

Twenty-seven Pomona homes were reported as sold in the MLS in the week ending March 28, 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.