Closed Sales for the Month of April 2010

May 11, 2010

Here are the numbers for the closed sales of single family properties as reported in the IMRMLS for the month of April 2010-2003.

Banning/Beaumont.............2010/136........2009/117........2008/90.........2007/53

...............................................2006/76..........2005/93..........2004/90.........2003/73

Bloomngton..........................2010/37..........2009/40..........2008/8...........2007/4

...............................................2006/26.........2005/19...........2004/19.........2003/22

Colton....................................2010/47.........2009/73...........2008/17.........2007/21

...............................................2006/46.........2005/45..........2004/35.........2003/45

Fontana................................2010/265.......2009/422........2008/146.......2007/106

..............................................2006/244.......2005/286........2004/210.......2003/245

Grand Terrace....................2010/9...........2009/12...........2008/5............2007/5

..............................................2006/7...........2005/4.............2004/8............2003/4

Highland..............................2010/58.........2009/65...........2008/31..........2007/39

..............................................2006/49.........2005/70..........2004/63..........2003/74

Loma Linda.........................2010/21.........2009/10...........2008/9............2007/12

..............................................2006/10.........2005/15..........2004/11...........2003/15

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

..............................................2006/10.........2005/7............2004/8............2003/5

Moreno Valley....................2010/307.......2009/459.......2008/183........2007/87

..............................................2006/301.......2005/264.......2004/267........2003/200

Redlands.............................2010/47..........2009/52..........2008/55..........2007/62

.............................................2006/60..........2005/74..........2004/79..........2003/81

Rialto...................................2010/144........2009/168........2008/54..........2007/39

.............................................2006/105........2005/128........2004/95..........2003/113

Riverside............................2010/445.........2009/503.......2008/246........2007/202

.............................................2006/414.........2005/443.......2004/399........2003/338

San Bernardino..................2010/253........2009/376........2008/101........2007/92

.............................................2006/227.........2005/227........2004/187.......2003/254

Yucaipa/Calimesa.............2010/64...........2009/55..........2008/44.........2007/43

.............................................2006/54..........2005/80..........2006/64..........2003/65

It is fairly easy to see the decline in numbers in many communities in2006 and 2007. The numbers picked up in 2009 and seem to have dropped back to a range that existed before the big rise in prices. Interestingly the number of closed sales in April do not seem to indicate a huge impact that was expected from the tax credits. It will be interesting to watch the numbers as these stimulus credits go away.