I focus on the closed number first because it sets the baseline.
If you are deciding how to approach Fontana, CA, the closed side of the market is where I would start. Last month, the median sold price was $660,000, and that is the baseline I would use before I make any judgment about value.
Last month, the median sold price was $660,000, and I use that number to ground every other decision. It gives me a clear reference point when I compare active asking prices and when I think about whether a property is priced to compete.
For a buyer, I would look at that closed number and ask whether the home in front of me offers enough value to justify the move. For a seller in Fontana, CA, I would use it to keep the pricing conversation honest from the beginning.
Start with the closed price. Then compare the ask. After that, decide whether the home deserves a quick move or a harder look.
