May 31 - Rancho Cucamonga CA Home Market Activity

Rancho Cucamonga CA median home prices showed a gain over median prices in April 2009 in Zip Codes 91701 and 91730, but a drop from April 2009 prices in Zip Codes 91737 and 91739, according to DataQuick, which compiles statistics from county records, and - when compared to March 2010 - fell in three of the four Zip Codes, according to DataQuick reports.

The service reported that 32 Alta Loma homes in Zip Code 91701 sold during the month of April 2010, with a median price of $319,000, down from the March 2010 median price of $350,000; two condominiums were sold in April, with a median price of $181,000. Single-family home sales in Zip Code 91701 were up 4.2 percent from April 2009, when the median home price was $306,000.

In Rancho Cucamonga Zip Code 91730, 54 homes were sold in April 2010, with a median price of $291,000, up from the March 2010 median sales price of $280,000, according to DataQuick; 19 condominium sales were reported sold in April, with a median price of $187,000. Single-family home sales in Zip Code 91730 rose 2.1 percent over sales in April 2009, when the median price was $285,000, the DataQuick report said.

In Rancho Cucamonga Zip Code 91737, 15 homes were sold in April 2010, with a median price of $375,000, down from the March 2010 median sales price of $397,000, according to DataQuick; seven condominiums were reported sold, with median price of $100,000. Single-family home sales in Zip Code 91737 in April were down 6.3 percent from April 2009, when the median price was $400,000, the DataQuick report said.

In Rancho Cucamonga Zip Code 91739, 53 homes were sold in April 2010, with a median price of $399,000, down from the March 2010 median sales price of $449,000, according to DataQuick; seven condominiums were reported sold, with median price of $218,000. Single-family home sales in Zip Code 91739 in April were down 1.5 percent from April 2009, when the median price was $405,000, the DataQuick report said.

A total of 57 Rancho Cucamonga homes were added to those listed for sale during the week ending May 30, 2010, according to the Inland Multi-Regional Multiple Listing Service.

There were 391 Rancho Cucamonga homes listed for sale in the MLS on May 30. Included are 261 single-family homes. There were 30 condominiums, townhomes and single-family homes in home owner associations listed for sale in Rancho Cucamonga on May 30. The total number of homes in escrow was 345.

The MLS showed 137 standard listings and 66 foreclosed, or Real Estate Owned, homes listed in Rancho Cucamonga on May 30; 174 others were in pre-foreclosure - listed as "in foreclosure," Notice of Default or Short Pay/Subject to Lender approval - and 14 were probate listings or not identified by type.

There were 29 Rancho Cucamonga homes reported in the MLS as sold in the week ending May 30.

Ila Josephs, a 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.