Closed Sale Transactions - May 2009
June 9, 2009
Here is the data for the number of closed sales reported through the IMRMLS for the month of May 2009.
Banning/Beaumont.....2009/135.....2008/95......2007/56......2006/94......2005/101.....2004/92
.......................................2003/66.......2002/68
Bloomington.................2009/36.......2008/12......2007/8.........2006/31......2005/19.......2004/16
.......................................2003/22.......2002/20
Colton............................2009/57.......2008/19......2007/25.......2006/44......2005/43......2004/31
.......................................2003/41.......2002/47
Fontana........................2009/371.....2008/195....2007/96........2006/240...2005/254....2004/203
.......................................2003/225....2002/275
Grand Terrace.............2009/9........2008/10......2007/7..........2006/11.......2005/9........2004/.5
.......................................2003/9........2002/9
Highland.......................2009/54......2008/46......2007/39.......2006/97.......2005/87......2004/56
.......................................2003/79......2002/65
Loma Linda..................2009/13......2008/21......2007/10.......2006/21.......2005/20......2004/22
.......................................2003/9........2002/19
Mentone.......................2009/5........2008/6........2007/10.......2006/8.........2005/11.......2004/8
.......................................2003/8........2002/9
Moreno Valley.............2009/400...2008/272....2007/93.......2006/300....2005/264....2004/237
.......................................2003/259...2002/286
Redlands.......................2009/52.....2008/41......2007/47........2006/75.......2005/79......2004/83
.......................................2003/70......2002/95
Rialto.............................2009/140....2008/82.....2007/45.......2006/118......2005/116...2004/100
.......................................2003/116.....2002/128
Riverside......................2009/492....2008/336...2007/231.....2006/431......2005/464...2004/364
.......................................2003/403....2002/450
San Bernardino............2009/344....2008/178...2007/106.....2006/265.....2005/231....2004/212
.......................................2003/257.....2002/247
Yucaipa/Calimesa.......2009/63.......2008/55.....2007/44.......2006/61.......2005/76......2004/70
.......................................2003/64.......2002/81
The good news is that the number of transactions is increasing. In some communities the increase is substantial, probably brought on by the drastically reduced prices of the homes in those areas. If you trace sales back over the past eight years, you can see that the volume does vary from year to year, even when we are experiencing a booming real estate market. However, when the volume dipped as much as it did from 2006-2007, in hindsight, you can see that the boom was over. Now we are watching a market that is readjusting to new pricing levels.
Here is the data for the number of closed sales reported through the IMRMLS for the month of May 2009.
Banning/Beaumont.....2009/135.....2008/95......2007/56......2006/94......2005/101.....2004/92
.......................................2003/66.......2002/68
Bloomington.................2009/36.......2008/12......2007/8.........2006/31......2005/19.......2004/16
.......................................2003/22.......2002/20
Colton............................2009/57.......2008/19......2007/25.......2006/44......2005/43......2004/31
.......................................2003/41.......2002/47
Fontana........................2009/371.....2008/195....2007/96........2006/240...2005/254....2004/203
.......................................2003/225....2002/275
Grand Terrace.............2009/9........2008/10......2007/7..........2006/11.......2005/9........2004/.5
.......................................2003/9........2002/9
Highland.......................2009/54......2008/46......2007/39.......2006/97.......2005/87......2004/56
.......................................2003/79......2002/65
Loma Linda..................2009/13......2008/21......2007/10.......2006/21.......2005/20......2004/22
.......................................2003/9........2002/19
Mentone.......................2009/5........2008/6........2007/10.......2006/8.........2005/11.......2004/8
.......................................2003/8........2002/9
Moreno Valley.............2009/400...2008/272....2007/93.......2006/300....2005/264....2004/237
.......................................2003/259...2002/286
Redlands.......................2009/52.....2008/41......2007/47........2006/75.......2005/79......2004/83
.......................................2003/70......2002/95
Rialto.............................2009/140....2008/82.....2007/45.......2006/118......2005/116...2004/100
.......................................2003/116.....2002/128
Riverside......................2009/492....2008/336...2007/231.....2006/431......2005/464...2004/364
.......................................2003/403....2002/450
San Bernardino............2009/344....2008/178...2007/106.....2006/265.....2005/231....2004/212
.......................................2003/257.....2002/247
Yucaipa/Calimesa.......2009/63.......2008/55.....2007/44.......2006/61.......2005/76......2004/70
.......................................2003/64.......2002/81
The good news is that the number of transactions is increasing. In some communities the increase is substantial, probably brought on by the drastically reduced prices of the homes in those areas. If you trace sales back over the past eight years, you can see that the volume does vary from year to year, even when we are experiencing a booming real estate market. However, when the volume dipped as much as it did from 2006-2007, in hindsight, you can see that the boom was over. Now we are watching a market that is readjusting to new pricing levels.
posted by shirley harry at 7:40 AM
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