Is Chino Hills, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$959,000
$477/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Chino Hills was $959,000 in April 2024, up 11.7% from last year, and the median price per square foot was $477.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $437K | $420K | -3.9% |
2 Bedrooms | $532K | $545K | +2.4% |
3 Bedrooms | $750K | $791K | +5.5% |
4 Bedrooms | $989.5K | $1.0M | +6.5% |
5+ Bedrooms | $1.2M | $1.3M | +8.0% |
Summary: Chino Hills housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.9%, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 8%.
Median Sold Price Compared To Nearby Cities
Chino Hills | $858.2K | $959K | +11.7% |
Jurupa | $719.9K | $759.2K | +5.4% |
Diamond Bar | $899.5K | $939.5K | +4.4% |
Pomona | $616K | $640.6K | +4.0% |
Chino | $699.9K | $718.6K | +2.7% |
Housing Supply in Chino Hills, CA
How many homes are available in Chino Hills, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
137 | 134 | -2.2% |
Summary: The Chino Hills real estate market had 134 homes for sale in April 2024, a 2.2% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 6 | 8 | +33.3% |
3 Bedrooms | 37 | 38 | +2.7% |
4 Bedrooms | 60 | 60 | 0.0% |
5+ Bedrooms | 33 | 27 | -18.2% |
Summary: The Chino Hills housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 2.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 18.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
48 | 50 | +4.2% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
28 Homes Were Sold
Over Asking
Summary: A total of 50 homes were sold or pending in Chino Hills in April 2024, up by 4.2% month-over-month. Of the 50 sold homes, 34% were sold under asking, 10% were sold at asking, and 56% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
28 Days | 19 Days | -29.8% |
Summary: Homes in Chino Hills had an average of 19 days on market in Apr 2024, down by 29.8% compared to last year.
Breakdown of Home Sale Times
41 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 50 homes were sold in Chino Hills; 82% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.