October Median Prices
November 12, 2009
Median Prices in October 2009 were relatively consistent with the median prices reported in September 2009. Most were within a $10,000 range plus or minus of change. One exception was the median price of homes sold in Redlands. Redlands' median has been bouncing along $225,000 to $236,000. In the month of October, the median was $285,000 or $304,500, depending on which transaction in the middle, I rely on. Remember that I use the data as reported in the MRMLS and my unscientific methodology is simply to divide in half the total number of closed sales reported and use the transaction that is that halfway number.
Here are the numbers reported for October closed sales from 2009 back to 2002.
Banning/Beaumont.......2009/171,000......2008/180,000......2007/290,000.....2006/308,000
..........................................2005/327,000......2004/245,000......2003/173,000......2002/135,000
Bloomington...................2009/140,000......2008/145,000......2007/340/556......2006/395,000
..........................................2005/357,000......2004/270,000......2003/189,000......2002/147,000
Colton..............................2009/110,000......2008/155,000.......2007/280,000......2006/330,000
..........................................2005/336,000......2004/275,000.......2003/172,000......2002/144,900
Fontana...........................2009/165,000......2008/240,000.......2007/360,000......2006/410,000
..........................................2005/369,000......2004/310,000.......2003/238,000......2002/177,000
Grand Terrace................2009/175,000.......2008/230,000.......2007/380,000.....2006/380,000
..........................................2005/254,900......2004/300,000.......2003/218,900......2002/188,500
Highland.........................2009/155,000.......2008/222,000.......2007/291,700......2006/385,000
..........................................2005/346,000......2004/269,000.......2003/210,000......2002/159,000
Loma Linda....................2009/250,000......2008/308,284.......2007/425,000......2006/452,000
.........................................2005/410/375.......2004/341,000........2003/230/295......2002/212,900
Mentone.........................2009/185,000......2008/299,000........2007/243/370......2006/273/300
.........................................2005/250,000......2004/157/190.........2003/152,500......2002/158,000
Moreno Valley...............2009/136,000......2008/165,000.........2007/320,000......2006/380,000
.........................................2005/359,000......2004/289,900........2003/205,000......2002/160,000
Redlands........................2009/285/304......2008/254,000........2007/360,000......2006/370,000
.........................................2005/385,000......2004/330,000........2003/240,000......2002/200,000
Rialto..............................2009/150,000......2008/182,000.........2007/299,000......2006/385,000
.........................................2005/360,000......2004/280,000........2003/195,000......2002/165,000
Riverside........................2009/175,000.......2008/224,000........2007/366,000......2006/410,000
.........................................2005/410,000.......2004/330,000........2003/245,900......2002/191,000
San Bernardino.............2009/85,000.........2008/122,000.........2007/236,900......2006/317,000
.........................................2005/289,900.......2004/216,000.........2003/148,500......2002/115,000
Yucaipa/Calimesa.........2009/190,000.......2008/235,000........2007/300,000......2006/410,000
.........................................2005/375,000.......2004/295,000........2003/224,000.......2002/163,000
The data that has a "/" between the numbers such as Redlands with 285.304 is due to the gap between the sold prices at the halfway mark.
Median Prices in October 2009 were relatively consistent with the median prices reported in September 2009. Most were within a $10,000 range plus or minus of change. One exception was the median price of homes sold in Redlands. Redlands' median has been bouncing along $225,000 to $236,000. In the month of October, the median was $285,000 or $304,500, depending on which transaction in the middle, I rely on. Remember that I use the data as reported in the MRMLS and my unscientific methodology is simply to divide in half the total number of closed sales reported and use the transaction that is that halfway number.
Here are the numbers reported for October closed sales from 2009 back to 2002.
Banning/Beaumont.......2009/171,000......2008/180,000......2007/290,000.....2006/308,000
..........................................2005/327,000......2004/245,000......2003/173,000......2002/135,000
Bloomington...................2009/140,000......2008/145,000......2007/340/556......2006/395,000
..........................................2005/357,000......2004/270,000......2003/189,000......2002/147,000
Colton..............................2009/110,000......2008/155,000.......2007/280,000......2006/330,000
..........................................2005/336,000......2004/275,000.......2003/172,000......2002/144,900
Fontana...........................2009/165,000......2008/240,000.......2007/360,000......2006/410,000
..........................................2005/369,000......2004/310,000.......2003/238,000......2002/177,000
Grand Terrace................2009/175,000.......2008/230,000.......2007/380,000.....2006/380,000
..........................................2005/254,900......2004/300,000.......2003/218,900......2002/188,500
Highland.........................2009/155,000.......2008/222,000.......2007/291,700......2006/385,000
..........................................2005/346,000......2004/269,000.......2003/210,000......2002/159,000
Loma Linda....................2009/250,000......2008/308,284.......2007/425,000......2006/452,000
.........................................2005/410/375.......2004/341,000........2003/230/295......2002/212,900
Mentone.........................2009/185,000......2008/299,000........2007/243/370......2006/273/300
.........................................2005/250,000......2004/157/190.........2003/152,500......2002/158,000
Moreno Valley...............2009/136,000......2008/165,000.........2007/320,000......2006/380,000
.........................................2005/359,000......2004/289,900........2003/205,000......2002/160,000
Redlands........................2009/285/304......2008/254,000........2007/360,000......2006/370,000
.........................................2005/385,000......2004/330,000........2003/240,000......2002/200,000
Rialto..............................2009/150,000......2008/182,000.........2007/299,000......2006/385,000
.........................................2005/360,000......2004/280,000........2003/195,000......2002/165,000
Riverside........................2009/175,000.......2008/224,000........2007/366,000......2006/410,000
.........................................2005/410,000.......2004/330,000........2003/245,900......2002/191,000
San Bernardino.............2009/85,000.........2008/122,000.........2007/236,900......2006/317,000
.........................................2005/289,900.......2004/216,000.........2003/148,500......2002/115,000
Yucaipa/Calimesa.........2009/190,000.......2008/235,000........2007/300,000......2006/410,000
.........................................2005/375,000.......2004/295,000........2003/224,000.......2002/163,000
The data that has a "/" between the numbers such as Redlands with 285.304 is due to the gap between the sold prices at the halfway mark.
posted by shirley harry at 8:12 AM
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