Covina Real Estate Market Sees Home Sales Down

The Covina market pulled back with a 9.4% sales drop in this week's report. Overall sales numbers for the last 30 days remained below the 35.4 monthly average with 29 homes sold. Meanwhile, close-by Pomona reported 79 homes sales, the highest number from all the surrounding cities. The median sales price dropped to $468,000, down from last week's $469,000. With only three months of inventory to sell, Covina is a seller's market, in spite of the dip in sales.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Covina:

$404K   $445K   $469K  

Get started right now by checking out Covina homes for sale or reviewing Covina real estate trends.

Demographic facts for Covina:

  • The median value of all homes in the area is $314,000.
  • The area gets 34 rainy days a year. (U.S. average: 100)
  • The unemployment rate for this area is 11.5%.
  • The students per teacher ratio in this area is 25.4:1. (15.3:1 = national average)

Data reported through 10/19/2016

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