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Pomona, CA

Oct. 5, 2008: Pomona Home Market Activity

10-06-08
Ila Josephs
Ila Josephs: Real Estate Agent in Ontario, CA

There were 4,775 homes for sale in the 10 cities in my service area on Sunday, Oct. 5, according to the local Multiple Listing Service. While that's a daunting number to home buyers and home sellers alike - for different reasons - it is less than 2 percent of the number of existing houses in Chino, Claremont, Fontana, La Verne, Montclair, Ontario, Pomona, Rancho Cucamonga, San Dimas and Upland.

Since the source of the number of houses was the 2000 census, and most communities saw a boom in construction during the first half of the decade, the actual percentage is even lower.

Fontana has seen home prices plummet since the giddy "Build, Build, Build" years shortly after 2000, when northern Fontana homes and home prices shot skyward. Based on current listings and the number of homes reported in the 2000 Census, up to 6.43 percent of Fontana homes are currently on the market. In contrast, less than 1 percent of Claremont homes are on the market. Again, homes built after the 2000 Census are not included in the total number of homes in each city.

The market activity report below is streamlined for a quick view of home listings, sales and leases available. I hope this will is convenient and helpful. Please contact Ila if you would like additional information. Figures from last week are included.

The figures were compiled from data provided by the Inland Multi-Regional Multiple Listing Service.

Pomona Home Market Activity
Market Activity as of Oct. 5, 2008* Oct. 5, 2008 Sept. 28, 2008
Pomona Homes Listed During Week 48 49
Total Number of Homes Listed for Sale 613 620
Single-Family (no monthly fee) 482 492
Homes in Associations (such as condos) 131 128
Vacant Homes for Sale 264 271
Short Sales 186 187
Lender-Owned Homes for Sale 104 106
Homes Sold During Week 13 7
Homes for Lease 37 38
Median Monthly Lease Payment $1,800 $1,800
* As reported by the Inland Multi-Regional MLS.

Ila Josephs, an associate Realtor with Tarbell, Realtors, prepares weekly reports for her website, www.ilajosephs.com, surveying home market activity in the cities of Chino, Claremont, Fontana, La Verne, Montclair, Ontario, Pomona, Rancho Cucamonga, San Dimas and Upland. For more information, call Ila at (909) 261-3541.

Whether you are buying or selling real estate in cities along the 210 Freeway from San Dimas to Fontana, or in Ontario, Montclair or Chino ,Ila will be happy to assist you.

Sept. 28, 2008: Pomona Home Market Activity

09-28-08
Ila Josephs
Ila Josephs: Real Estate Agent in Ontario, CA

The market activity report below is streamlined for a quick view of home listings, sales and leases available. I hope this will is convenient and helpful. Please contact Ila if you would like additional information. Figures from last week are included.

The figures were compiled from data provided by the Inland Multi-Regional Multiple Listing Service.

Pomona Home Market Activity
Market Activity as of Sept. 28, 2008* Sept. 28, 2008 Sept. 21, 2008
Pomona Homes Listed During Week 49 43
Total Number of Homes Listed for Sale 620 621
Single-Family (no monthly fee) 492 493
Homes in Associations (such as condos) 128 128
Vacant Homes for Sale 271 262
Short Sales 187 180
Lender-Owned Homes for Sale 106 102
Homes Sold During Week 7 18
Homes for Lease 38 35
Median Monthly Lease Payment $1,800 $1,800
* As reported by the Inland Multi-Regional MLS.

Ila Josephs, an associate Realtor with Tarbell, Realtors, prepares weekly reports for her website, www.ilajosephs.com, surveying home market activity in the cities of Chino, Claremont, Fontana, La Verne, Montclair, Ontario, Pomona, Rancho Cucamonga, San Dimas and Upland. For more information, call Ila at (909) 261-3541.

Whether you are buying or selling real estate in cities along the 210 Freeway from San Dimas to Fontana, or in Ontario, Montclair or Chino ,Ila will be happy to assist you.

Pomona Real Estate Market Statisitcs - August 2008

Jennifer Castillo  Realtor® Pomona California Route 66 Homes: Real Estate Agent in Pomona, CA

Pomona Real Estate Market Statistics - August 2008

Yes, this is a little late and I apologize. Here are the quick numbers:

Single Family Home Average Sales Price: $263,087
Single Family Home Median Sales Price: $243,500
Single Family Home Units Sold: 65
Single Family Home Months of Inventory: 6.4

Towne House Average Sales Price: $212,333
Towne House Median Sales Price: $212,000
Towne House Units Sold: 3
Towne House Months of Inventory:5.3

Condo Average Sales Price: $218,613
Condo Median Sales Price: $217,000
Condo Units Sold: 8
Condo Months of Inventory: 5.4

Citywide Average Sales Price: $231,344
Citywide Median Sales Price: $224,166
Citywide Units Sold: 76
Citywide Months of Inventory: 5.7

Information taken from the IMRMLS. Information deemed reliable, but not guaranteed.

Copyright©2008 by Jennifer Castillo. All Rights reserved. Pomona Real Estate Market Statistics - August 2008

Sept. 21, 2008: Pomona Home Market Activity

09-22-08
Ila Josephs
Ila Josephs: Real Estate Agent in Ontario, CA

Forty-five percent of homes for sale in Pomona and almost two-thirds of the homes listed in Fontana - 63 percent - have either been foreclosed or are in the foreclosure process, according to figures posted Sept. 21, 2008 by the Inland Multi-Regional Multiple Listing Service.

The percentage of available homes either owned by lenders or offered as "Short Sales" varies widely in other local cities, according to the MLS: Chino - 46 percent, Claremont - 15 percent, La Verne - 24 percent, Montclair - 49 percent, Ontario - 53 percent, Rancho Cucamonga - 50 percent, San Dimas - 40 percent, and Upland - 38 percent, as of Sept. 21, 2008.

The market activity report below is streamlined for a quick view of home listings, sales and leases available. I hope this will be convenient for viewers. Please let me know if you find it helpful and especially if you would like additional information. I have included information from last week as well.

The figures were compiled from data provided by the Inland Multi-Regional Multiple Listing Service.

Pomona Home Market Activity
Market Activity as of Sept. 21, 2008* Sept. 21, 2008 Sept. 14, 2008
Pomona Homes Listed During Week 43 36
Total Number of Homes Listed for Sale 621 607
Single-Family (no monthly fee) 493 476
Homes in Associations (such as condos) 128 131
Vacant Homes for Sale 262 264
Short Sales 180 24
Lender-Owned Homes for Sale 102 98
Homes Sold During Week 18 6
Homes for Lease 35 29
Median Monthly Lease Payment $1,800 $1,875
* As reported by the Inland Multi-Regional MLS.

Ila Josephs, an associate Realtor with Tarbell, Realtors, prepares weekly reports for her website, www.ilajosephs.com, surveying home market activity in the cities of Chino, Claremont, Fontana, La Verne, Montclair, Ontario, Pomona, Rancho Cucamonga, San Dimas and Upland. For more information, call Ila at (909) 261-3541.

Whether you are buying or selling real estate in cities along the 210 Freeway from San Dimas to Fontana, or in Ontario, Montclair or Chino ,Ila will be happy to assist you.

El Merendero - The Best Mexican Bakery in Pomona CA

Jennifer Castillo  Realtor® Pomona California Route 66 Homes: Real Estate Agent in Pomona, CA

El Merendero is a Mexican Bakery, Restaurant, and Caterer in Pomona Ca. When I am asked where the best "pan dulce" aka Mexican sweet bread is in town I do not hesitate to say, El Merendero.

The pan dulce is made daily and it is the freshest, softest, most delicate sweet bread in and around Pomona. Why is that? It is because of their secret ingredient. What is it? Vegans and vegetarians close your eyes...it is MANTECA aka LARD! Yes, good old fashioned lard can add that soft, delicate texture to pasteries. What about the other Mexican panaderias (bakeries) in town? I have inquired with the workers at other Mexican bakeries and many of them use cheap oils sometimes flavored with butter which is why they get hard and stale within a day. Ummm...No thanks! If I am going to break all my diet rules by eating a piece or two of pan dulce well, then it better be authentic and satisfying.

How do I know about El Merendero's secret ingredient? I asked. When they said, yes, they use manteca in their pan dulce that is when I said, YES! I was excited to hear that yes from them. I kinda pride myself on being a detector of good tasting, good quality Mexican pan dulce.

El Merendero is located in Pomona at 240 S. Garey Ave. They are open daily from 5:00am to 9:30pm. All the freshly baked pan dulce is brought out and in its glass cases by 8:00am.

They also have a restaurant next door that I have not tried. That is next on my list of things to do in Pomona. So when you have a craving for some excellent Mexican pan dulce you now know where to go...El Merendero!

Copyright © 2008 by Jennifer Castillo, All Rights Reserved. El Merendero - The Best Mexican Bakery in Pomona CA