Janaury Real Estate Statistics/Inland Empire, CA

February 4, 2008

The first month of 2008 is now history. In my goal to follow the real estate market, I am using the IMRMLS to track what is occurring in our area. Had I been watching the numbers between 2005 and 2006, I might have known that the market had peaked. Now I am hopeful that the numbers will indicate when a turn around occurs. Certainly, for those of us actively in the residential real estate sales arena, January 2008 has shown some positive trends.

On January 2, 2008, I counted the number of active and pending listings in 14 communities in the Inland Empire as reported through the IMRMLS. Then , on

February 2, 2008, I counted this data again. I want to see if listings are increasing or decreasing and if pendings are increasing or decreasing. This data is about the number of properties and does not reflect pricing.

Banning/Beaumont - Jan.2008/850 Active - Feb.2008/904 Active

Jan.2008/64 Pending - Feb.2008/87 Pending

Bloomington........... - Jan.2008/195 Active - Feb.2008/209 Active

Jan.2008/8 Pending - Feb.2008/11 Pending

Colton...................... - Jan.2008/340 Active - Feb.2008/345 Active

Jan.2008/24 Pending - Feb.2008/32 Pending

Fontana...................- Jan.2008/1768 Active - Feb.2008/1772 Active

Jan. 2008/128 Pending -Feb.2008/166 Pending

Grand Terrace........ - Jan.2008/71 Active - Feb.2008/66 Active

Jan.2008/6 Pending - Feb.2008/6 Pending

Highland................. - Jan.2008/390 Active - Feb.2008/409 Active

Jan.2008/29 Pending - Feb.2008/37 Pending

Loma Linda............ - Jan.2008/106 Active - Feb.2008/116 Active

Jan.2008/4 Pending - Feb.2008/10 Pending

Mentone................. - Jan.2008/71 Active - Feb.2008/70 Active

Jan.2008/6 Pending - Feb.2008/7 Pending

Moreno Valley........ - Jan.2008/2087 Active - Feb.2008/2131 Active

Jan.2008/213 Pending - Feb.2008/289 Pending

Redlands................ - Jan.2008/405 Active - Feb.2008/422 Active

Jan.2008/39 Pending - Feb.2008/27 Pending

Rialto..................... - Jan.2008/813 Active - Feb.2008/838 Active

Jan.2008/77 Pending - Feb.2008/71 Pending

Riverside............... - Jan.2008/2679 Active - Feb.2008/2787 Active

Jan.2008/204 Pending - Feb.2008/233 Pending

San Bernardino.... - Jan.2008/1887 Active - Feb.2008/1984 Active

Jan.2008/131 Pending - Feb.2008/141 Pending

Yucaipa/Calimesa - Jan.2008/492 Active - Feb.2008/469 Active

Jan.2008/34 Pending - Feb.2008/39 Pending

Tomorrow I will post the closed sales numbers for the years 2005, 2006, 2007,and 2008.