Monday, February 09, 2009

Inland Empire Median Prices (as posted in the IMRMLS)

February 9, 2009\

Median prices are arbitrarily decided as the selling price of the property that is at the halfway mark of all properties reported sold. Half of those that sold in January sold for more than the median and half sold for less.

Banning Beaumont...........$178,000

On average the 97 listed sales sold in 77 days for 2.38% less than the asking price.

Bloomington......................$139,000

On average these 29 listings sold in 89 days at .090% less than the asking price.

Colton.................................$144,000

On average these 48 properties sold in 72 days at .070% less than the asking price.

Fontana..............................$$201,500

On average these 297 properties sold in 76 days at 2.39% less than the asking price.

Grand Terrace..................$209,000

On average these 6 properties sold in 122 days at .72% less than the asking price.

Highland.............................$170,500

On average these 52 properties sold in 86 days at 3.55% less than the asking price.

Loma Linda........................$308,000

On average these 15 properties sold in 73 days at 8.14% less than the asking price.

Mentone..............................$115,000

On average these 5 properties sold in 87 days at 6.93% less than the asking price.

Moreno Valley....................$150,500

On average these 349 properties sold in 64 days at 1.46% MORE than the asking price.

Redlands.............................$215,000

On average these 51 properties sold in 81 days at 2.97% less than the asking price.

Rialto...................................$160,000

On average these 130 properties sold in 68 days at .62% MORE than the asking price.

Riverside.............................$195,000

On average these 373 properties sold in 71 days at 1.21% less than the asking price.

San Bernardino..................$99,000

On average these 279 properties sold in 70 days at 2.38% less than the asking price.

Yucaipa/Calimesa.............$225,000

On average these 42 properties sold in 62 days at 3.92% less than the asking price.

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