Improved Sold Statistics

August 5, 2008

These residential real estate sales are reflective of transactions begun mostly in May and June. It is very encouraging to see the number of residential real estate sales in the Inland Empire increase. When I post median prices tomorrow, you will also note that prices have decreased year over year. As the affordability increases, the sales do increase. Here is the data which I researched from the IMRMLS for July 2003-2008.

Banning/Beaumont.....2008/96......2007/51......2006/76......2005/105......2004/100.....2003/67

Bloomington.................2008/18......2007/11......2006/17.......2005/23........2004/37........2003/26

Colton............................2008/32......2007/12.....2006/58.......2005/51........2004/44........2003/36

Fontana.........................2008/231....2007/79.....2006/196.....2005/245.....2004/235......2003/244

Grand Terrace.............2008/10......2007/2.......2006/7..........2005/17........2004/8..........2003/9

Highland........................2008/60.....2007/27.....2006/44........2005/70.......2004/59........2003/53

Loma Linda..................2008/13......2007/15.....2006/18.........2005/11.......2004/16........2003/11

Mentone.......................2008/6........2007/4.......2006/4...........2005/12.......2004/6..........2003/7

Moreno Valley.............2008/324....2007/90....2006/198.......2005/289....2004/310.....2003/261

Redlands.......................2008/46......2007/45....2006/69.........2005/72......2004/95........2003/89

Rialto.............................2008/99......2007/33....2006/74.........2005/122....2004/119......2003/117

Riverside......................2008/373.....2007161....2006/326......2005/458....2004/426......2003/414

San Bernardino...........2008/217.....2007/91....2006/188......2005/218....2004/220/....2003/259

Yucaipa/Calimesa......2008/37.......2007/36....2006/57.........2005/71......2004/66........2003/73