June 1, 2008: Ontario Home Market Activity
By Ila Josephs, Ila Josephs, Real Estate Broker
(Tarbell, Realtors)
Seven previously-owned homes closed escrow in Ontario during the week ending May 31, 2008, and 13 Ontario homes reportedly entered escrow during the week, according to the Inland Multi-Regional Multiple Listing Service, which shows listings and sales of previously-owned homes reported by its members. The MLS said 37 new Ontario listings were added during the week, for a total inventory of 846 previously-owned homes listed in Ontario on June 1, including 595 single-family homes with no monthly fees and 251 condominiums, town homes and single-family homes in associations. The MLS listings indicate 333 of homes currently on the market are vacant. As of June 1, the MLS reported, 30 Ontario single-family homes were available for leasing. Of those, the median monthly rental price was $2,095 ...
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