August Closed Transactions

September 10, 2007

Here is the statistical data as reported through the IMRMLS. I am listing the number of closed sales in August 2007 compared to the reported closed sales in August 2006. The data reflects the slowdown in the real estate market place and seemingly the effect of the tightening of mortgage money.

Alphabetically:

Banning/Beaumont - 2007:57.....2006:87..........Percentage change - 34%

Bloomington........... - 2007:03.....2006:18...........Percentage change - 83%

Colton..................... - 2007 22.....2006:53...........Percentage change - 73%

Fontana.................. - 2007:71.....2006:71............Percentage change - 74%

Grand Terrace....... - 2007:10.....2006:10...........Percentage change - None

Highland................ - 2007:28.....2006:58..........Percentage change - 52%

Loma Linda........... - 2007:9........2006:21..........Percentage change - 57%

Moreno Valley....... - 2007:73......2006:219........Percentage change - 67%

Redlands................ - 2007:46.....2006:68..........Percentage change - 32%

Rialto..................... - 2007:24.....2006:94..........Percentage change - 74%

Riverside............... - 2007:144....2006:340.......Percentage change - 58%

San Bernardino.... - 2007:79......2006:200.......Percentage change - 60%

Yucaipa................. - 2007:37......2006:74..........Percentage change - 50%

I have not yet researched how the median price has changed, but am gathering the pertinent data and will post the results. For me, the numbers are interesting, but for a potential buyer or seller, one's individual needs are usually more of a determining factor for the timing of a purchase or a sale.