Published February 15, 2023

This Week in Real Estate

Written by Capital & Influence Inc

THIS WEEK IN REAL ESTATE:

This week we take a look at our key performance indicators (KPI's) to see what information we can gleam as we start to project out the month of February.

Our data set is all real property sold between Glendora and Rancho Cucamonga, California.

The average sold home price is up 5.2% week over week.

This is the second straight week we have seen an increase in the average sale price of homes for sale in Glendora all the way to Rancho Cucamonga.

Supply is still a major issues, as in, there is none. Our active listings are down -36.36% week over week to just 35 new listings last week.

Days on market are also down -20% to just 44 days on the market. Still under the historical national average. Seller is you are considering selling your home are just not sure, we would love to have a conversation with you. You will love our asset valuation on your property. We would love to earn your trust and your business.

For a deeper dive into our current real estate and mortgage market join me as we talk about The State of Housing in 2023.

February 21st

12pm - 12:55pm

HELP US HOUSE:

50 Families in 2023
Your help here is greatly appreciated as we work through record shortages of homes to sell while having an abundance of qualified home buyers even though we have record high home prices.

Good Referral: is someone who is thinking about diversifying their portfolio by purchasing an investment property and would like the powerful combination of our asset valuation and market reports- preparing them to execute with precision when an opportunity becomes a deal.

Better Referral: is a probate or estate planning attorney who is interested in creating a stream of referral business

Best Referral: is someone who is looking to sell their home - Yes, there is still a shortage of inventory and I could use your help here, especially during record high home selling prices.

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