Rancho Cucamonga Market Report for June 2008

No matter what the market, people will continue to desire to live in Rancho Cucamonga, as it remains one of the most prestigious cities within San Bernardino County. Comparatively speaking, the Rancho Cucamonga housing market continues to post brisk sales.

In of June 2008, 142 single family homes and a total of 37 condos/townhomes sold, up 43 from last month. My overall view of the market is still going slip even though it appears to be getting a little summer stability. CLICK HERE for the San Bernardino County market report.

Closed Sales for June 2008: Up 5 from last month

100 Single Family Homes

25 Condos/Townhomes

Pending Sales for June 2008: Up 11 from last month

225 Single Family Homes

56 Condos/Townhomes

Current Actives as of Today's Post: Down 20 from last month

564 Single Family Homes

176 Condos/Townhomes

Foreclosure Activity for June 2008 - They are picking up steam, watch out!

91701 - 49 Notice of Defaults (NOD) Up 21 from last month

91701 - 44 Notice of Foreclosure Sale (NOS) Down 4 from last month

91730 - 83 Notice of Defaults (NOD) Down 20 from last month

91730 - 60 Notice of Foreclosure Sale (NOS) Down 20 from last month

91737 - 30 Notice of Defaults (NOD) Up 2 from last month

91737 - 21 Notice of Foreclosure Sale (NOS) Down 3 from last month

91739 - 66 Notice of Defaults (NOD) No change from last month

91739 - 45 Notice of Foreclosure Sale (NOS) Down 4 from last month

Price Per Square Foot
Looking at the price per square foot helps us understand the value placed on homes in a real estate market. Median Price per Sqft. as of July 6, 2008 for Rancho Cucamonga is $230, down $4 from last month.

It's important to stay in tune with the changes in the market. Call Empire Realty for your next personal real estate consultation at (909) 579-6611, or visit us on the web at Empire Realty.

For information on purchasing your next home in Rancho Cucamonga or anywhere in the Inland Empire call Empire Realty at 909-579-6611 or visit us on the web at Empire Realty.

Empire Realty is your one stop shop for information and Full Service at a Discount.