LIsting and Pending Ratios hold steady in October 2009

Novemebr 2, 2009

As I have been doing now for over a year, I search the IMRMLS data for the number of active listings and the number of reported pending sales. The pending sales numbers could be a tad greater than reported if the properties that are reported as on the market for back-up offers were to be included. I have not included them in the following numbers.

Banning/Beaumont.......Active/465.......Pending/239........Ratio/.514

Bloomington...................Active/62.........Pending/66..........Ratio/1.065

Colton..............................Active/124.......Pending/96..........Ratio/.774

Fontana...........................Active/405.......Pending/616........Ratio/1.521

Grand Terrace................Active/18..........Pending/15..........Ratio/.833

Highland.........................Active/145........Pending/93.........Ratio/.641

Loma Linda....................Active/60..........Pending/27.........Ratio/.45

Mentone.........................Active/20..........Pending/15.........Ratio/.75

Moreno Valley...............Active/494........Pending/765.......Ratio/1.549

Redlands.........................Active/213........Pending/107.......Ratio/.502

Rialto..............................Active/193.........Pending/285......Ratio/1.477

Riverside........................Active/992.........Pending/862.....Ratio/.869

San Bernardino.............Active/671.........Pending/543......Ratio/.809

Yucaipa/Calimesa........Active/203.........Pending/106......Ratio/.522

Most of the activity is still in the under $400,000 range, but there is a slight pick-up in both listings and pendings in the over $400,000. Bloomington, Colton, Grand Terrace, Mentone and Moreno Valley have no pending sales reported in the over $400,000 range.