Upland Market Report for June 2008

No matter what the market, people will continue to desire to live in Upland, as it remains one of the most prestigious cities within San Bernardino County. Comparatively speaking, the Upland housing market continues to outpace the bulk of cities in the San Bernardino County.

In of June 2008, 48 single family homes and a total of 8 condos/townhomes entered escrow, up 7 from last month. My overall view of the market is still slow but it is stabilizing, Click Here to view an article about the market conditions of the Inland Empire. All sales factors have come up slightly, finally some good news.

Closed Sales for June 2008: Down 34 from Last Month, one month up one month down

41 Single Family Homes

5 Condos/Townhomes

Pending Sales for June 2008: Up 5 from last month

66 Single Family Homes

13 Condos/Townhomes

Current Actives as of Today's Post: Up 5 from last month

316 Single Family Homes

54 Condos/Townhomes

Foreclosure Activity for June 2008

91784 - 35 Notice of Defaults (NOD) Up 16 from last month

91784 - 21 Notice of Foreclosure Sale (NOS) Up 2 from last month

91786 - 53 Notice of Defaults (NOD) Up 28 from last month

91786 - 39 Notice of Foreclosure Sale (NOS) Up 8 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 Upland is 248, up $3 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 Upland 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.