The Fontana market slowed with a 3.0% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (145.7) with 159 homes sold. Within the same time frame, Riverside had 246 sales, the most of all cities in the area. The median sales price has been increasing as it hit $372,000, extending a four-week long spike. Despite the slip in sales, a relatively low three months of inventory indicates that Fontana is a seller's market.
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