Is Chino Hills, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 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
$925,901
$471/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Chino Hills was $925,901 in February 2024, up 4.4% from last year, and the median price per square foot was $471.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $437K | $420K | -3.9% |
2 Bedrooms | $549K | $534.5K | -2.6% |
3 Bedrooms | $747K | $769K | +2.9% |
4 Bedrooms | $989K | $1.0M | +5.1% |
5+ Bedrooms | $1.2M | $1.3M | +3.7% |
Summary: Chino Hills housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.9%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 3.7%.
Median Sold Price Compared To Nearby Cities
Chino Hills | $887.2K | $925.9K | +4.4% |
Diamond Bar | $892K | $924K | +3.6% |
Pomona | $625K | $635K | +1.6% |
Chino | $703.3K | $710.9K | +1.1% |
Jurupa | $745.3K | $743.9K | -0.2% |
Housing Supply in Chino Hills, CA
How many homes are available in Chino Hills, CA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
110 | 125 | +13.6% |
Summary: The Chino Hills real estate market had 125 homes for sale in February 2024, a 13.6% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 10 | 10 | 0.0% |
3 Bedrooms | 32 | 34 | +6.3% |
4 Bedrooms | 46 | 52 | +13.0% |
5+ Bedrooms | 22 | 28 | +27.3% |
Summary: The Chino Hills housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 27.3%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
29 | 38 | +31.0% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Summary: A total of 38 homes were sold or pending in Chino Hills in February 2024, up by 31.0% month-over-month. Of the 38 sold homes, 42% were sold under asking, 16% were sold at asking, and 42% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
62 Days | 30 Days | -50.4% |
Summary: Homes in Chino Hills had an average of 30 days on market in Feb 2024, down by 50.4% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During February 2024, 38 homes were sold in Chino Hills; 74% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.