Market Reports and Statistics by City for Rancho Cucamonga,March, 2020
By TODD PICCONI 909.908.7376 HELPING YOU FIND HOME., Patient, Persistent and Positive About Your Move
(TODD PICCONI REAL ESTATE)
Great Day to You and Happy April 27th!!! Hope that You had a great weekend! Activity surged in closed unit sales in many of the 12 cities I reviewed. Much of that was due to great interest rates and the lag that is felt in the market, from the time the shelter-in-place went into affect March 19, 2020. There are little cracks possibly starting to make an appearance in price per square footage in Laguna Beach, Dana Point, San Dimas, and Ontario. Perhaps, there will be a price adjustment this month? (for April, 2020 - that remains to be seen) The projected lower price per square footage may very well be due to larger homes selling for the month of April. Generally, the larger the home, the lower the price per square foot. In Rancho Cucamonga and Claremont, the price per squar...
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