Is Chino Hills, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Chino Hills has remained a Seller's Market.
Housing Prices in Chino Hills, CA
How much do homes in Chino Hills, CA cost?
Median Sold Price
$970,000
$481/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Chino Hills was $970,000 in May 2024, up 13.5% from last year, and the median price per square foot was $481.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $437K | $420K | -3.9% |
2 Bedrooms | $527.4K | $550K | +4.3% |
3 Bedrooms | $745K | $799K | +7.2% |
4 Bedrooms | $970K | $1.0M | +8.6% |
5+ Bedrooms | $1.2M | $1.3M | +13.1% |
Summary: Chino Hills housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.9%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 13.1%.
Median Sold Price Compared To Nearby Cities
Chino Hills | $854.2K | $970K | +13.5% |
Diamond Bar | $886.5K | $940K | +6.0% |
Jurupa | $719.9K | $759.9K | +5.6% |
Pomona | $614.2K | $645K | +5.0% |
Chino | $695K | $722.5K | +4.0% |
Housing Supply in Chino Hills, CA
How many homes are available in Chino Hills, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
138 | 137 | -0.7% |
Summary: The Chino Hills real estate market had 137 homes for sale in May 2024, a 0.7% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 8 | 7 | -12.5% |
3 Bedrooms | 39 | 39 | 0.0% |
4 Bedrooms | 62 | 57 | -8.1% |
5+ Bedrooms | 28 | 33 | +17.9% |
Summary: The Chino Hills housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes increased by 17.9%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
51 | 43 | -15.7% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
29 Homes Were Sold
Over Asking
Summary: A total of 43 homes were sold or pending in Chino Hills in May 2024, down by 15.7% month-over-month. Of the 43 sold homes, 28% were sold under asking, 5% were sold at asking, and 67% were sold over asking.
Days on Market for Chino Hills, CA
How long does it take to sell a home in Chino Hills, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
24 Days | 16 Days | -31.6% |
Summary: Homes in Chino Hills had an average of 16 days on market in May 2024, down by 31.6% compared to last year.
Breakdown of Home Sale Times
37 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 43 homes were sold in Chino Hills; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.