Listings and Pendings as of March 1, 2010
March 1, 2010
Here we are at the beginning of another month. As I have been doing for the past several years, I am sharing the number of listings and pending sales as they are reported in the IMRMLS. I have started to also include the pending sales that have been listed in the "Back-up" category. These are properties that have an accepted offer, but these transactions have a variety of contingencies that still need to be removed. The ratio in parenthesis includes the back-up number.
Banning/Beaumont.....Listing/499......Pending/215.......Back-up/105.......Ratio/.431 (.641)
Bloomington.................Listing/66........Pending/82.........Back-up/14..........Ratio/1.242 (1.455)
Colton............................Listing/120.....Pending/92.........Back-up/31..........Ratio/.758 (1.017)
Fontana.........................Listing/496.....Pending/611.......Back-up/217........Ratio/1.232 (1.667)
Grand Terrace.............Listing/26.......Pending/13.........Back-up/5............Ratio/.500 (.692)
Highland.......................Listing/149.....Pending/101.......Back-up/40.........Ratio/.678 (.946)
Loma Linda..................Listing/55.......Pending/39.........Back-up/22.........Ratio/.709 (1.109)
Mentone.......................Listing/28.......Pending/8...........Back-up/3............Ratio/.286 (.393)
Moreno Valley.............Listing/574.....Pending/692......Back-up/226........Ratio/1.206 (1.60)
Redlands......................Listing/270.....Pending/98........Back-up/50..........Ratio/.363 (.548)
Rialto............................Listing/258.....Pending/278......Back-up/71...........Ratio/1.078 (1.353)
Riverside.....................Listing/1113....Pending/855......Back-up/327........Ratio/.768 (1.062)
San Bernardino...........Listing/720.....Pending/541......Back-up/120........Ratio/.751 (.916)
Yucaipa/Calimesa......Listing/259......Pending/109.....Back-up/48..........Ratio/.421 (.606)
As you can see, in most communities, sales have been a good percentage of the properties that have been listed. Redlands continues to lag because there are a higher percentage of properties that are listed over $400,000. The $400,000 and above market has yet to recover.
If you wish to compare the figures with those for February 1, 2010 or January 1, 2010, you can go to the previous posts of 02/01/2010 and 01/04/2010.
Here we are at the beginning of another month. As I have been doing for the past several years, I am sharing the number of listings and pending sales as they are reported in the IMRMLS. I have started to also include the pending sales that have been listed in the "Back-up" category. These are properties that have an accepted offer, but these transactions have a variety of contingencies that still need to be removed. The ratio in parenthesis includes the back-up number.
Banning/Beaumont.....Listing/499......Pending/215.......Back-up/105.......Ratio/.431 (.641)
Bloomington.................Listing/66........Pending/82.........Back-up/14..........Ratio/1.242 (1.455)
Colton............................Listing/120.....Pending/92.........Back-up/31..........Ratio/.758 (1.017)
Fontana.........................Listing/496.....Pending/611.......Back-up/217........Ratio/1.232 (1.667)
Grand Terrace.............Listing/26.......Pending/13.........Back-up/5............Ratio/.500 (.692)
Highland.......................Listing/149.....Pending/101.......Back-up/40.........Ratio/.678 (.946)
Loma Linda..................Listing/55.......Pending/39.........Back-up/22.........Ratio/.709 (1.109)
Mentone.......................Listing/28.......Pending/8...........Back-up/3............Ratio/.286 (.393)
Moreno Valley.............Listing/574.....Pending/692......Back-up/226........Ratio/1.206 (1.60)
Redlands......................Listing/270.....Pending/98........Back-up/50..........Ratio/.363 (.548)
Rialto............................Listing/258.....Pending/278......Back-up/71...........Ratio/1.078 (1.353)
Riverside.....................Listing/1113....Pending/855......Back-up/327........Ratio/.768 (1.062)
San Bernardino...........Listing/720.....Pending/541......Back-up/120........Ratio/.751 (.916)
Yucaipa/Calimesa......Listing/259......Pending/109.....Back-up/48..........Ratio/.421 (.606)
As you can see, in most communities, sales have been a good percentage of the properties that have been listed. Redlands continues to lag because there are a higher percentage of properties that are listed over $400,000. The $400,000 and above market has yet to recover.
If you wish to compare the figures with those for February 1, 2010 or January 1, 2010, you can go to the previous posts of 02/01/2010 and 01/04/2010.
posted by shirley harry at 8:14 AM
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