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Wednesday, October 15, 2014

Pick City: Chino Hills

Chino Hills - Week of October 13th, 2014

Single Family Homes




This Week

The median list price in CHINO HILLS, CA this week is $649,450. The 240 properties have been on the market for an average of 137 days.

Even though the days-on-market is
trending higher, so is the Market
Action Index at these inventory
levels, providing a neutral outlook for
the market.

Supply and Demand

The Market Action Index has been trending lower for several weeks while prices have remained
relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.



Median Price



The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Inventory of Properties Listed for Sale



Inventory has been relatively steady around these levels in recent weeks.


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Data Provided by and Copyright Altos Research LLC

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