Victorville/ Apple Valley Dominate Future Supply of Detached New Homes
As of the most recent audit of our Land Tracker publication, there were a total of 145,830 proposed residential units spread among 1,214 projects in the planning process. Of this total, 76 percent are single-family detached homes in 968 distinct projects. Another 23,357 units in 192 projects are single-family attached units and 8,408 units in 52 projects are apartment units. These units range in status of having no approvals to having a final recorded map and are actually grading.
The Chino/Ontario submarket accounts for the largest percentage of proposed attached units with 29 percent of proposed units located there. Fontana/Rialto has the second largest percentage at 26 percent, followed closely by Victorville/Apple Valley (20 percent), San Bernardino/Colton (10 percent), and Loma Linda/Redlands (8 percent), and Rancho Cucamonga/ Upland (7 percent).
The Victorville/Apple Valley area represents the majority of detached homes planned for development, with 66 percent of the total. The fewest number of detached homes are planned for Rancho Cucamonga/Upland (2 percent), Loma Linda/Redlands (3 percent), San Bernardino/Colton (7 percent), Fontana/Rialto (8 percent), and Chino/Ontario (14 percent).
MarketPointe Realty Advisors Land Tracker is a quarterly comprehensive publication with detailed proposed land development activity throughout the entitlement process, and is available for selected counties throughout Southern California. MarketPointe Realty Advisors provides new home data, available land information and real estate consulting services. The offices are located in San Diego and Orange County, with representation throughout California. Phone San Diego at 619-233-3781, Orange County at 714-528-2554, url:www.marketpointe.com/land_tracker.shtml
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