Justin Tye

Ontario, CA

Single-Family Homes

Active Realty I REAL



Ontario, CA

Sun Oct 06 2024
This week the median list price for Ontario, CA is $789,000 with the market action index hovering around 52. This is less than last month's market action index of 55. Inventory has decreased to 121. Click here to stay informed with the Ontario market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Ontario, CA

Sun Oct 06 2024
This week the median list price for Ontario, CA is $789,000 with the market action index hovering around 52. This is less than last month's market action index of 55. Inventory has decreased to 121. Click here to stay informed with the Ontario market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Ontario market.
Median List Price $789,000
Median Price of New Listings $759,994
Per Square Foot $412
Average Days on Market 64
Median Days on Market 35
Price Decreased 32%
Price Increased 7%
Relisted 7%
Inventory 121
Median Rent
Market Action 52
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$969,223 2,961 4,500 - 6,500 sqft 4 3 6 4 1 56
$849,900 2,319 4,500 - 6,500 sqft 4 3 6 2 2 35
$749,449 1,704 6,500 - 8,000 sqft 4 2 46 3 9 31
$625,000 1,218 4,500 - 6,500 sqft 3 1 70 5 5 21