Below is a chart of percentage housing price changes in Chino Hills, Diamond Bar, Walnut and Phillips Ranch according to the newest data published by MDA DataQuick, a company that tracks housing price.
Unlike most cities in Los Angeles where the 1 year percentage change are still in the negative, Walnut is up by 17.5%.
Why is housing price holding so well in Walnut? Here are the main reasons:
I. Top Ranked Schools
Walnut School District is famed for it's top ranked schools. For parents who wants to send their school age children to great schools, Walnut becomes a top pick.
II. City's Effort To Minimize Over Development
With City of Walnut's effort in opposing over development in the city in the past decades, Walnut remains one of the nicest residential cities to live in with minimal commercial traffic from outside of the city.
With excellent schools and city's effort in keeping it a small town atmosphere, Walnut remains one of the most popular cities for young family to settle down.
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