Closed Transactions - March 2010

April 7, 2010

Closed transaction in the month of March 2010 continued to have similar numbers as the past several months. Whether the recent numbers of transactions have been the result of the first time home buyer's tax credit or just potential buyers realizing that home prices were at a very affordable level is hard to pinpoint. The number of units sold as reported through the IMRMLS indicate that the real estate market in the Inland Empire is experiencing a rebound from the lows of 2007 and 2008.

Here are the numbers for March 2010 back to March 2003.

Banning/Beaumont............2010/112..........2009/137..........2008/89..........2007/62

..............................................2006/98............2005/99............2004/89.........2003/72

Bloomington........................2010/20............2009/25............2008/6...........2007/7

..............................................2006/24............2005/23............2004/23.........2003/21

Colton...................................2010/38............2009/66............2008/20.........2007/23

..............................................2006/67............2005/52............2004/48.........2003/36

Fontana...............................2010/284..........2009/357..........2008/97.........2007/142

..............................................2006/270.........2005/301..........2004/238......2003/229

Grand Terrace...................2010/5..............2009/7...............2008/6...........2007/2

.............................................2006/7..............2005/13.............2004/10.........2003/10

Highland.............................2010/67............2009/87.............2008/27.........2007/39

.............................................2006/67...........2005/75.............2004/69.........2003/67

Loma Linda........................2010/15...........2009/13.............2008/9............2007/15

.............................................2006/17...........2005/7...............2004/11..........2003/16

Mentone.............................2010/5.............2009/9...............2008/8............2007/4

.............................................2006.9.............2005/6...............2004/10..........2003/2

Moreno Valley...................2010/308........2009/505..........2008/175........2007/120

.............................................2006/333........2005/340..........2004/279.......2003/229

Redlands............................2010/57...........2009/55.............2008/48.........2007/63

............................................2006/76...........2005/100..........2004/85..........2003/75

Rialto..................................2010/122.........2009/132..........2008/48..........2007/53

............................................2006/118..........2005/127.........2004/102........2003/83

Riverside...........................2010/417..........2009/530.........2008/207........2007/259

............................................2006/487.........2005/427..........2004/371........2003/359

San Bernardino................2010/261..........2009/338..........2008/96.........2007/139

...........................................2006/255..........2005/241.........2004/241........2003/224

Yucaipa/Calimesa...........2010/65............2009/62............2008/40.........2007/54

..........................................2006/67.............2005/79............2004/81.........2003/60

If you want to compare the numbers to those of February, you can look up the post of March 8, 2010. The numbers for March seem to be a bit better than those of February.