August 2012 San Gabriel Valley & Inland Empire Supply Vs Demand
Aug 2012 - Supply in San Gabriel Valley & Inland Empire dropped again in August 2012 to 2,651 units for sale while closed sales increased to 1,956. Per MLS data we have 1.3 Months of Inventory compared to 4 Months back in October 2011. Available inventory has consistently dropped month after month while demand has stayed consistent. This is creating multiple offers on listings that are priced close to market value.
Our Supply Vs. Demand data is pulled from the Multiple Listing Service and covers the following cities: Azusa, Baldwin Park, Chino, Chino Hills, Claremont, Corona, Covina, Diamond Bar, Fontana, Glendora, Hacienda Heights, Industry, La Puente, Valinda, La Verne, Montclair, Ontario, Pomona, Phillips Ranch, Rancho Cucamonga, Rowland Heights, San Dimas, Upland, Walnut, West Covina and Whittier.
