Resale Solds - September 2008
October 6, 2008
September 2008 actually proved to be a month in which real estate activity increased as reported through the IMRMLS. In some communities the number of units reported sold exceeded the number of units reported sold in the peak year of 2005. A caution when making the comparisons is that the data does not include new construction or for-sale-by owners.
Banning/Beaumont.......2008/116.....2007/42.....2006/81.....2005/106.....2004/94.....2003/76
Bloomington...................2008/23.......2007/10.....2006/16.....2005/27........2004/24.....2003/18
Colton..............................2008/37.......2007/11.....2006/40....2005/51.........2004/54.....2003/51
Fontana...........................2008/302....2007/59....2006/171...2005/271.......2004/269...2003/225
Grand Terrace...............2008/10.......2007/4......2006/13.....2005/26........2004/12......2003/10
Highland.........................2008/52........2007/13....2006/46....2005/86........2004/49......2003/60
Loma Linda....................2008/14........2007/1......2006/12.....2005/13........2004/8........2003/16
Mentone.........................2008/7..........2007/3......2006/8.......2005/3..........2004/7........2003/5
Moreno Valley...............2008/358.....2007/73....2006/167...2005/327......2004/244...2003/267
Redlands........................2008/52........2007/41....2006/44.....2005/81.......2004/87......2003/90
Rialto..............................2008/124......2007/34....2006/77.....2005/130.....2004/107....2003/119
Riverside.......................2008/424......2007/122..2006/334...2005/457.....2004/404...2003/393
San Bernardino............2008/251.......2007/69....2006/176...2005/225.....2004/255...2003/244
Yucaipa/Calimesa.......2008/46.........2007/29....2006/53.....2005/67.......2004/79......2003/64
In the next few days I will also be posting the median prices and the unit numbers for the third quarter of 2008. I have been charting these numbers since January in the expectation that they will indicate when the sales in these 14 communities of the Inland Empire will have turned a corner. I believe that unit sales need to increase prior to any chance of a leveling of prices. We shall see!
September 2008 actually proved to be a month in which real estate activity increased as reported through the IMRMLS. In some communities the number of units reported sold exceeded the number of units reported sold in the peak year of 2005. A caution when making the comparisons is that the data does not include new construction or for-sale-by owners.
Banning/Beaumont.......2008/116.....2007/42.....2006/81.....2005/106.....2004/94.....2003/76
Bloomington...................2008/23.......2007/10.....2006/16.....2005/27........2004/24.....2003/18
Colton..............................2008/37.......2007/11.....2006/40....2005/51.........2004/54.....2003/51
Fontana...........................2008/302....2007/59....2006/171...2005/271.......2004/269...2003/225
Grand Terrace...............2008/10.......2007/4......2006/13.....2005/26........2004/12......2003/10
Highland.........................2008/52........2007/13....2006/46....2005/86........2004/49......2003/60
Loma Linda....................2008/14........2007/1......2006/12.....2005/13........2004/8........2003/16
Mentone.........................2008/7..........2007/3......2006/8.......2005/3..........2004/7........2003/5
Moreno Valley...............2008/358.....2007/73....2006/167...2005/327......2004/244...2003/267
Redlands........................2008/52........2007/41....2006/44.....2005/81.......2004/87......2003/90
Rialto..............................2008/124......2007/34....2006/77.....2005/130.....2004/107....2003/119
Riverside.......................2008/424......2007/122..2006/334...2005/457.....2004/404...2003/393
San Bernardino............2008/251.......2007/69....2006/176...2005/225.....2004/255...2003/244
Yucaipa/Calimesa.......2008/46.........2007/29....2006/53.....2005/67.......2004/79......2003/64
In the next few days I will also be posting the median prices and the unit numbers for the third quarter of 2008. I have been charting these numbers since January in the expectation that they will indicate when the sales in these 14 communities of the Inland Empire will have turned a corner. I believe that unit sales need to increase prior to any chance of a leveling of prices. We shall see!
posted by shirley harry at 8:15 AM
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