Is Fontana, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Fontana has remained a Seller's Market.
Housing Prices in Fontana, CA
How much do homes in Fontana, CA cost?
Median Sold Price
$606,216
$346/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Fontana was $606,216 in March 2024, down 0.7% from last year, and the median price per square foot was $346.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $363K | $400K | +10.2% |
2 Bedrooms | $440K | $445K | +1.1% |
3 Bedrooms | $556.3K | $560K | +0.7% |
4 Bedrooms | $675K | $680K | +0.7% |
5+ Bedrooms | $750K | $771.5K | +2.9% |
Summary: Fontana housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.2%, 2 bedroom homes increased by 1.1%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 2.9%.
Median Sold Price Compared To Nearby Cities
Rialto | $540K | $559.4K | +3.6% |
Jurupa | $733.3K | $751.4K | +2.5% |
Rancho Cucamonga | $725K | $740.3K | +2.1% |
Fontana | $610.2K | $606.2K | -0.7% |
Mount Baldy-Wrightwood | $457.4K | $438K | -4.3% |
Housing Supply in Fontana, CA
How many homes are available in Fontana, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
309 | 302 | -2.3% |
Summary: The Fontana real estate market had 302 homes for sale in March 2024, a 2.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 25 | 25 | 0.0% |
3 Bedrooms | 141 | 131 | -7.1% |
4 Bedrooms | 108 | 109 | +0.9% |
5+ Bedrooms | 33 | 35 | +6.1% |
Summary: The Fontana housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes increased by 6.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
92 | 89 | -3.3% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
46 Homes Were Sold
Over Asking
Summary: A total of 89 homes were sold or pending in Fontana in March 2024, down by 3.3% month-over-month. Of the 89 sold homes, 26% were sold under asking, 22% were sold at asking, and 52% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
44 Days | 26 Days | -39.7% |
Summary: Homes in Fontana had an average of 26 days on market in Mar 2024, down by 39.7% compared to last year.
Breakdown of Home Sale Times
68 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 89 homes were sold in Fontana; 76% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.