Closed Sales in Inland Empire Communities - March 2009

April 6, 2009

If the volume of closed transactions are any indicator, the real estate market in the Inland Empire is improving. Here are the numbers for March 2003 through March 2009 as reported in the IMRMLS.

Banning/Beaumont......2009/125.....2008/89.....2007/58.....2006/96.....2005/99.....2004/89

........................................2003/72

Bloomington..................2009/23.....2008/6.....2007/6.....2006/22.....2005/23.....2004/23

........................................2003/21

Colton.............................2009/61.....2008/20.....2007/19.....2006/59.....2005/52.....2004/48

........................................2003/36

Fontana.........................2009/323.....2008/97.....2007/130.....2006/232.....2005/301.....2004/238

.......................................2003/229

Grand.Terrace.............2009/7.........2008/6........2007/2.........2006/7.........2005/13........2004/10

.......................................2003/10

Highland.......................2009/80......2008/27.......2007/37.......2006/62......2005/75........2004/69

.......................................2003/67

Loma.Linda..................2009/12......2008.9..........2007.14........2006/17.......2005/7.........2004/11

.......................................2003/16

Mentone.......................2009/8......2008/8...........2007/4.........2006/9.........2005/6........2004/10

.......................................2009/2

Moreno.Valley.............2009/485.....2008/174.....2007/101....2006/282....2005/340.....2004/279

.......................................2003/229

Redlands.......................2009/54......2008/48......2007/60.......2006/74......2005/100......2004/85

.......................................2003/75

Rialto.............................2009/122....2008/47......2007/44......2006/101.....2005/127.......2004/102

.......................................2003/89

Riverside......................2009/504....2008/209....2007/225...2006/411.....2005/427......2004/371

.......................................2003/359

San.Bernardino............2009/311....2008/95.......2007/128.....2006/238.....2005/241....2004/241

.......................................2003/224

Yucaipa/Calimesa.......2009/58......2008/40......2007/44.......2006/67........2005/79......2004/81

.......................................2003/60

These numbers do not reflect any for-sale-by owner or new construction transactions. No matter what, it does look like buyers are taking advantage of the attractive mortgage rates and the attractive pricing of homes listed for sale.