Recovery in Rancho Cucamonga has been very impressive. It took a while for values to start going up, but when they did, they grew at full force. The average Rancho Cucamonga home is valued at approximately $465,000, though many properties list on the market for substantially more.
Growth is still happening, and within a few short years, properties may be worth as much as they used to be worth before the real estate collapse. Rancho Cucamonga is a relatively normal, healthy market. Foreclosures are at half of the national average, removing a lot of the stress and pressure from the market.
The warmth of the market gives a slight edge to sellers, who are likely to get offers within a reasonable time frame. Though upwards of 13% percent of homes are selling at a price cut, and over 9% of homes are selling below their previous sale price, houses are still selling.
If you’re having a tough time in Rancho Cucamonga’s market, you aren’t alone, but you’re part of the minority. The market moves, but it is a little slower than most homeowners would prefer. When you’re having trouble, there’s always the option of finding a buyer outside of the traditional market.