The Fontana housing market is showing balanced conditions with stable prices and moderate inventory levels. Home prices have increased 5.2% in the past month alone. With 3.0 months of supply, Fontana's inventory levels remain relatively tight. Homes are taking about 34 days to sell, which is 4 days longer than this time last year. A significant 25.4% of listings experienced price reductions, indicating sellers may be adjusting to market realities. The majority of homes (55.3%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the Fontana market with the affordability index at 37.5. Based on current market indicators, home prices in Fontana are projected to decrease by approximately 5.4% over the next month.