Home values in Yucaipa are in good standing. The average property is valued at a little under $350,000. Even though values still haven’t made a full recovery, they’re doing much better than they are in the surrounding area.
Values will continue to gradually grow, but it will be a few years before they return to their former highs.
The market is on the positive side of stable. It’s not perfect, but it isn’t in any immediate danger.
Foreclosures are happening at half the average rate, which is a great sign. It seems as though this market should be perfect, but many homeowners won’t have a positive experience.
This is because the market is cold. Cold markets significantly favor buyers. Plenty of people are selling, but nobody is coming in to buy the properties up.
This means that many sellers find themselves waiting for months before they’ll receive an offer on their property.