Glendora, CA

Glendora Real Estate Market Watch - February 7-13, 2012

World Famous Donut Man, Located in Glendora, CA

Okay, so when I was younger, I used to have a friend who loved Donut Man in Glendora where I grew up. We would sneak out of the house in the middle of the night (she lived around the corner) since they were open 24/7 and grab a donut or two... a lady never tells how many! My Momma (who is wonderful) always brings me one on my birthday, it's become a tradition.

Since that time, Donut Man has been featured on The Food Network, The Huffington Post and been written up in the LA Times just to mention a few. Their strawberry and (my favorite) peach donuts are simply to die for!

So I've taken the liberty of posting the (HOW TO) make Peach Donutsfrom YouTube and Huell Howser's visit to the Donut Man for your enjoyment. Simply click on these links.

In the meantime, here are a couple of pictures for you to savor!

HIGHS AND LOWS - Glendora, CA - January 18, 2012

Okay, so here is today's report for the GLENDORA, CA Real Estate Market.

SINGLE FAMILY RESIDENCE

Lowest Priced Home $ 210,000

Highest Priced Home $ 4,750,000

Average $ 399,000

Active Listings 165

Sold This Week 7

New Listings This Week 8

WHAT THIS MEANS TO YOU: You now have more information about what's happening with the GLENDORA REAL ESTATE MARKET so you can make an informed decision on whether this city is right for you and if the prices fit into your budget. The average price in GLENDORA this week is $399,000 which is lower than before. Prices have fallen just a little bit, but it looks like they are starting to stabilize in this area.

The other thing you can learn from this information is the saturation rate of the existing active real estate listings. The saturation rate is determined by the amount of sales in a week and the number of listings available for sale. So in this case, there are 165 homes being actively marketed by Realtors for sale. If you divide those 165 by the number of homes sold this week, in this case 7, you have your saturation rate. This means that if you placed your home on the market to sell you can expect it to take a little over 23 weeks to complete the sale of your home. That is if no other listings come into the real estate marketplace during that time. And we all know how likely that is, now don't we... In fact this past week there were 8 new listings.

HOW THIS AFFECTS YOU: If your price is competitive and your home is in relatively decent shape you can have it sold in as little as one day or as much or more than the 23 weeks. It also depends on the agent you are using. The more aggressive your agent's marketing plan is for your home, the more exposure your home gets and you can see that would have a great impact. It truly helps to have an agent that has an existing web presence since most people start their home search online. On the other hand, if you use someone who merely puts your home on the MLS and does nothing more, it will most likely take a little more time to sell.

If you are a buyer, this means you have a large selection to choose from and you have a better chance right now of getting an offer accepted. Not to mention that the average home price has dropped in the last month making you as they buyer able to afford a better home.

CONDOS AND TOWNHOMES

Lowest $ 199,900

Highest $ 400,000

Average $ 320,000

Active Listings 22

Condos Sold This Week 0

New Listings This Week 2

So if the same holds true for CONDOS, then it would take approximately 11 weeks to sell your condo or townhome. And a buyer has 22 to choose from right now. It seems that during these trying economic times, people are really not doing much in the way of buying or selling condos however the number of listings has picked up a bit.

Since I am local to the area, I work hard to be a local expert in GLENDORA Real Estate. The prices, the inventory and the trends so I can be a better agent for you. However, it is not only real estate information that makes one a local expert. There must also be knowledge of local events, schools and neighborhoods. And since I grew up in GLENDORA and still live less than ten minutes away, I'm pretty Glendora-Savvy.

So if you are interested in buying or selling or simply have questions about real estate, please feel free to contact me. I will be more than happy to assist you. Call me for your free home market analysis!

2011 Glendora Christmas Parade

Okay, so when I was growing up in Glendora, it was a small, tigh-knit community of like 25,000 people or so. And the town would have these great events in "The Village" like the Flasback to the 50's sock hop and carnival, the Christmas Stroll and Christmas Parade, the Homecoming Parade, etc. You get the Idea. Almost the entire town turned out for these fun events and you were guaranteed to see friends and neighbors and school mates.

Today, I'm so glad to say, it's still the same. The population has more than doubled in size coming really close to 50,000 residents. There are people from every church, school, neighborhood, etc that come out and really make this town a community of friends and family even with the increase in size.

Over the years, the parade route has been extended to accomodate the increase in population and so there's a good area to meet after the parade. Now the route extends down Glendora Avenue from Bennett to Foothill, takes a right turn on Foothill a right on Grand and ends up over at La Fetra and Sandburg Middle School. But it still starts with the ever popular Glendora High Marching Tartan Band complete with bagpipes playing Scotland the Brave and ends with, you guessed it, Santa himself!

So if you're in the area this Saturday, December 10th, you should definitely attend the 2011 Glendora Christmas Parade. This year's theme is "An Old Fashioned Christmas" and the Motto of the parade itself is "All About Kids!"

WHAT: GLENDORA HOMETOWN CHRISTMAS PARADE

WHEN:SATURDAY, DECEMBER 10TH, 2011

TIME:9:00 AM