$8,300,000
Studio
MANUEL MARQUEZ, Listing Office: Golden California
Is Fontana, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Fontana has remained a Seller's Market.
Key Takeaway
Fontana is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fontana, CA
How much do homes in Fontana, CA cost?
Median Sold Price
$637,141
$359/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$37,756(+6.3%)
Key Takeaway
Homes in Fontana have sold for 6.3% more than they did a year ago.
Summary: The median home sold price in Fontana was $637,141 in November 2024, up 6.3% from last year, and the median price per square foot was $359.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $361.1K | $417.5K | +15.6% |
| 2 Bedrooms | $440K | $460K | +4.5% |
| 3 Bedrooms | $550K | $592.5K | +7.7% |
| 4 Bedrooms | $665K | $702.1K | +5.6% |
| 5+ Bedrooms | $754.5K | $800K | +6.0% |
Summary: Fontana housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.6%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 6%.
Median Sold Price Compared To Nearby Cities
| Jurupa | $728.4K | $794.6K | +9.1% |
| Rialto | $550K | $587.8K | +6.9% |
| Fontana | $599.3K | $637.1K | +6.3% |
| Rancho Cucamonga | $727.2K | $765.1K | +5.2% |
| Mount Baldy-Wrightwood | $440K | $460K | +4.5% |
Housing Supply in Fontana, CA
How many homes are available in Fontana, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 421 | 360 | -14.5% |
Summary: The Fontana real estate market had 360 homes for sale in November 2024, a 14.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 2 | -50.0% |
| 2 Bedrooms | 26 | 25 | -3.8% |
| 3 Bedrooms | 164 | 146 | -11.0% |
| 4 Bedrooms | 176 | 141 | -19.9% |
| 5+ Bedrooms | 51 | 46 | -9.8% |
Summary: The Fontana housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes decreased by 11%, 4 bedroom homes decreased by 19.9%, and 5+ bedroom homes decreased by 9.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 114 | 93 | -18.4% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
42 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fontana, you could pay more than the asking price. 45.2% of homes here sold above asking price last month.
Summary: A total of 93 homes were sold or pending in Fontana in November 2024, down by 18.4% month-over-month. Of the 93 sold homes, 32% were sold under asking, 23% were sold at asking, and 45% were sold over asking.
Days on Market for Fontana, CA
How long does it take to sell a home in Fontana, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 28 Days | -1.8% |
Summary: Homes in Fontana had an average of 28 days on market in Nov 2024, down by 1.8% compared to last year.
Breakdown of Home Sale Times
62 Homes Were Sold
Under 30 Days
26 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fontana are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 93 homes were sold in Fontana; 67% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.