Closed Transactions fo February -2010-2003

March 8, 2010

As I checked the numbers for January and February 2010 for the closed transactions reported through the IMRMLS, it looked as though the volume is holding pretty steady. In some of the communities that I track, the volume was about equal to or greater than the numbers reported in 2003 and 2004.

Here are the numbers.

Banning/Beaumont.............2010/107.......2009/105.......2008/46.......2007/54.......2006/70

...............................................2005/71.........2004/68..........2003/50

Bloomington.........................2010/24.........2009/23..........2008/4.........2007/10.......2006/20

...............................................2005/18.........2004/16..........2003/23

Colton....................................2010/51.........2009/52..........2008/21.......2007/22.......2006/42

...............................................2005/34.........2004/25..........2003/38

Fontana.................................2010/217.......2009/293........2008/80......2007/92.......2006/190

...............................................2005/202......2004/170........2003/175

Grand Terrace.....................2010/10.........2009/5............2008/4........2007/6..........2006/10

...............................................2005/7...........2004/11...........2003/4

Highland...............................2010/35.........2009/47...........2008/25......2007/24.......2006/39

..............................................2005/56.........2004/45..........2003/57

Loma Linda.........................2010/8...........2009/7.............2008/8.........2007/14........2006/10

..............................................2005/8..........2004/10...........2003/7

Mentone..............................2010/5...........2009/7.............2008/12.......2007/4.........2006/4

..............................................2005/7..........2004/4..............2003/6

Moreno Valley....................2010/236......2009/345.........2008/140.....2007/109.....2006/222

..............................................2005/187.......2004/197........2003/192

Redlands..............................2010/43........2009/38...........2008/19.......2007/43........2006/50

..............................................2005/65........2004/39..........2003/58

Rialto....................................2010/93........2009/114.........2008/21.......2007/50........2006/71

..............................................2005/96........2004/90..........2003/83

Riverside.............................2010/329.......2009/391.......2008/147......2007/229......2006/333

..............................................2005/280......2004/305.......2003/301

San Bernardino...................2010/209......2009/256.......2008/78........2007/103......2006/177

..............................................2005/164......2004/198........2003/185

Yucaipa/Calimesa..............2010/45.........2009/35..........2008/38.......3007/33........3006/39

..............................................2005/47.........2004/61..........2003/40

These numbers seem to support the theory that the real estate market in our area is stabilizing - at least in terms of the number of transactions.