Tuesday, July 01, 2008

Inland Empire Listing and Pending Statistics/June 2008

July 2, 2008


We are now at the halfway mark of the Year 2008. As we begin July, here are the number of single family residential properties listed and in escrow as reported through the IMRMLS.


Banning/Beaumont.......Listed/802...........In Escrow/222...........% in escrow/28%


Bloomington...................Listed/223............In Escrow/44............% in escrow/20%


Colton..............................Listed/345............In Escrow/72............% in escrow/21%


Fontana...........................Listed/1808.........In Escrow/505..........% in escrow/28%


Grand Terrace...............Listed/56..............In Escrow/16............% in escrow/29%


Highland..........................Listed/367............In Escrow/102.........% in escrow/28%


Loma Linda.....................Listed/93..............In Escrow/13...........% in escrow/14%


Mentone..........................Listed/63..............In Escrow/14...........% in escrow/22%


Moreno Valley................Listed/2004.........In Escrow/796.........% in escrow/40%


Redlands.........................Listed/429............In Escrow/73...........% in escrow/17%


Rialto...............................Listed/833............In Escrow/237.........% in escrow/28%


Riverside.........................Listed/2601..........In Escrow/737.........% in escrow/28%


San Bernardino..............Listed/1966...........In Escrow/414........% in escrow/21%


Yucaipa/Calimesa..........Listed/443............In Escrow/61...........% in escrow/14%





As the April and May statistics indicated, the Moreno Valley market is picking up its listing to in escrow ratios. Many of the properties being sold are bank owned and the pricing has been attractive to buyers. This is still very much a price driven market.

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