MedianHome Prices-February 2010
March 9, 2010
The median prices seem to be indicating that we are bouncing along the bottom for the prices of homes in the 14 communities that I track. There is not much change from the January medians. (See post of 2/11/2010) The tracking of the median prices for the month of February as reported in the IMRMLS shows where we once were. It also shows a bit of how the market rose from February 2003 to the peak in February 2006/2007.
The usual caveat: I just divide the number of closed transactions by 2 and report that selling price. Nothing scientific. Just using the definition of median as half sold above and half sold below.
Banning/Beaumont.............2010/165,000.......2009/175,000.......2008/240,000.......2007/314,000
...............................................2006/305,000......2005/245,000.......2004/175,000........2003/127,500
Bloomington.........................2010/110,000.......2009/145,000.......2008/269,000.......2007/357,900
...............................................2006/330,000.......2005/263,900......2004/230,000.......2003/159,950
Colton....................................2010/118,000.......2009/125,000.......2008/250,000.......2007/285,000
...............................................2006/335,000.......2005/250,500......2004/200,000.......2003/157,500
Fontana................................2010/200,000.......2009/205,000......2008/345,000.......2007/415,000
..............................................2006/400,000.......2005/344,000......2004/253,000.......2003/191,000
Grand Terrace................................2010/199,900........2009/224,900......2008/280,000.......2007/365,000
..............................................2006/348,000.......2005/310,000......2004/270,000.......2003/217,000
Highland..............................2010/155,000........2009/188,000......2008/318,000.......2007/369,000
.............................................2006/380,000........2005/280,000.....2004/187,000........2003/185,000
Loma Linda...................................2010/240,000........2009/284,000......2008/340,000.......2007/414,000
.............................................2006/329,000........2005/292,500.......2004/300,000......2003/245,000
Mentone.............................2010/225,000.........2009/71,000........2008/350,000.......2007/350,000
.............................................2006/350,000........2005/250,000.....2004/222,000........2003/167,000
Moreno Valley.................................2010/149,000.........2009/115,000......2008/235,000........2007/362,000
............................................2006/372,000.........2005/295,000......2004/230,000.......2003/165,000
Redlands............................2010/219,900.........2009/260,500......2008/350,000.......2007/397,000
............................................2006/380,000........2005/346,000......2004/255,500........2003/189,900
Rialto..................................2010/144,000........2009/154,000.......2008/237,000.......2007/355,000
............................................2006/365,000........2005/287,500.......2004/210,000.......2003/175,000
Riverside...........................2010/200,000........2009/178,000.......2008/300,000......2007/410,000
............................................2006/400,000.......2005/350,000.......2004/266,000......2003/198,000
San Bernardino........................2010/92,400..........2009/85,000.........2008/196,900.......2007/309,000
............................................2006/298,000.......2005/247,000.......2004/150,000......2003/120,000
Yucaipa/Calimesa............2010/195,000........2009/180,000......2008/255,000.......2007/340,000
............................................2006/370,000.......2005/296,000......2004/239,900.......2003/167,500
There you have the numbers for the rise and fall of median home prices.
The median prices seem to be indicating that we are bouncing along the bottom for the prices of homes in the 14 communities that I track. There is not much change from the January medians. (See post of 2/11/2010) The tracking of the median prices for the month of February as reported in the IMRMLS shows where we once were. It also shows a bit of how the market rose from February 2003 to the peak in February 2006/2007.
The usual caveat: I just divide the number of closed transactions by 2 and report that selling price. Nothing scientific. Just using the definition of median as half sold above and half sold below.
Banning/Beaumont.............2010/165,000.......2009/175,000.......2008/240,000.......2007/314,000
...............................................2006/305,000......2005/245,000.......2004/175,000........2003/127,500
Bloomington.........................2010/110,000.......2009/145,000.......2008/269,000.......2007/357,900
...............................................2006/330,000.......2005/263,900......2004/230,000.......2003/159,950
Colton....................................2010/118,000.......2009/125,000.......2008/250,000.......2007/285,000
...............................................2006/335,000.......2005/250,500......2004/200,000.......2003/157,500
Fontana................................2010/200,000.......2009/205,000......2008/345,000.......2007/415,000
..............................................2006/400,000.......2005/344,000......2004/253,000.......2003/191,000
Grand Terrace................................2010/199,900........2009/224,900......2008/280,000.......2007/365,000
..............................................2006/348,000.......2005/310,000......2004/270,000.......2003/217,000
Highland..............................2010/155,000........2009/188,000......2008/318,000.......2007/369,000
.............................................2006/380,000........2005/280,000.....2004/187,000........2003/185,000
Loma Linda...................................2010/240,000........2009/284,000......2008/340,000.......2007/414,000
.............................................2006/329,000........2005/292,500.......2004/300,000......2003/245,000
Mentone.............................2010/225,000.........2009/71,000........2008/350,000.......2007/350,000
.............................................2006/350,000........2005/250,000.....2004/222,000........2003/167,000
Moreno Valley.................................2010/149,000.........2009/115,000......2008/235,000........2007/362,000
............................................2006/372,000.........2005/295,000......2004/230,000.......2003/165,000
Redlands............................2010/219,900.........2009/260,500......2008/350,000.......2007/397,000
............................................2006/380,000........2005/346,000......2004/255,500........2003/189,900
Rialto..................................2010/144,000........2009/154,000.......2008/237,000.......2007/355,000
............................................2006/365,000........2005/287,500.......2004/210,000.......2003/175,000
Riverside...........................2010/200,000........2009/178,000.......2008/300,000......2007/410,000
............................................2006/400,000.......2005/350,000.......2004/266,000......2003/198,000
San Bernardino........................2010/92,400..........2009/85,000.........2008/196,900.......2007/309,000
............................................2006/298,000.......2005/247,000.......2004/150,000......2003/120,000
Yucaipa/Calimesa............2010/195,000........2009/180,000......2008/255,000.......2007/340,000
............................................2006/370,000.......2005/296,000......2004/239,900.......2003/167,500
There you have the numbers for the rise and fall of median home prices.
posted by shirley harry at 8:05 AM
0 Comments:
Post a Comment
<< Home