Inland Empire March Median Prices 2009

April 7, 2009

I just completed my search of the IMRMLS to determine the median price of homes selling in the fourteen Inland Empire communities that I have been tracking for the past year. Clearly the median price data forms a bell curve for 2003-2009. It will be interesting to track the next several months to see how prices are affected by the stimulus packages.

This data is presented FYI and reflects where the bulk of the real estate market has been focused. Half of the properties sold were at these prices or less and half were higher. The volume of transactions that we are experiencing is the result of these attractive values.

Banning Beaumont.......2009/160.....2008/238.....2007/285.....2006/305.....2005/255.....2004/185.....2003/135

Bloomington...2009/190.....2008/250.....2007/391.....2006/365.....2005/285.....2004/216.....2003/168

Colton..............2009/128.....2008/220.....2007/275.....2006/333.....2005/264.....2004/180.....2003/132

Fontana...........2009/190.....2008/319.....2007/420.....2006/413.....2005/350.....2004/265.....2003/189

Gr.Terrace......2009/193.....2008/280.....2007/425.....2006/405.....2005/350.....2004/290....2003/194

Highland..........2009/120.....2008/335.....2007/380.....2006/365.....2005/309.....2004/195.....2003/171

Loma.Linda.....2009/215.....2008/350.....2007/435.....2006/465.....2005/305.....2004/238.....2003/213

Mentone..........2009/55......2008/330......2007/419.....2006/315......2005/220.....2004/159.....2003/179

Moreno Valley...............2009/135....2008/237......2007/364.....2006/375......2005/305.....2004/237.....2003/172

Redlands..........2009/218....2008/310.....2007/412......2006/409.....2005/342.....2004/314.....2003/238

Rialto................2009/145....2008/225.....2007/375......2006/375......2005/302....2004/229.....2003/181

Riverside.........2009/178.....2008/293.....2007/405.....2006/420......2005/364....2004/294.....2003/200

San
Bernardino......2009/82.....2008/190......2007/310......2006/303.....2005/245.....2004/165.....2003/125

Yucaipa
Calimesa..........2009/205...2008/289.....2007/350......2006/375.....2005/315.....2004/245......2003/190

These number all need the 000 after them.