Median Home Prices, January thorugh April 2010
May 17, 2010
In the past, I have listed the median prices for the month just past compared to the years 2003 though 2010. This month I decided to change what I am reporting. I thought it would be interesting to chart the course of median prices for each month this year.
Judge for yourself, but it seems to me that median prices have remained in a very tight range in the fourteen communities that I track,
Banning/Beaumont...........Jan./169,000.......Feb./165,000........Mar./185,000......Apr./165,000
Bloomington.......................Jan./125,000.......Feb./110,000........Mar./150,000......Apr./150,000
Colton.................................Jan./97,500..........Feb./125,000........Mar./199,000......Apr./128,000
Fontana..............................Jan./190,000.......Feb./200,000.......Mar./200,000.....Apr./215,000
Grand Terrace..................Jan./236,000.......Feb./199,900........Mar./249,900......Apr./200,000
Highland............................Jan./163,500........Feb./150,000.......Mar./160,000......Apr./162,000
Loma Linda.......................Jan./275,000.......Feb./240,000.......Mar./175,000.......Apr./240,000
Mentone............................Jan./200,000.......Feb./225,000.......Mar./200,000......Apr./190,000
Moreno Valley..................Jan./150,000.......Feb./149,000........Mar./150,000......Apr./157,000
Redlands...........................Jan./210,000.......Feb./207,000........Mar./210,000......Apr./227,000
Rialto.................................Jan./145,000.......Feb./144,000........Mar./155,000.......Apr./155,000
Riverside..........................Jan./185,000.......Feb./200,000........Mar./190,000.......Apr./190,000
San Bernardino...............Jan./95,000.........Feb./92,000...........Mar./90,000.........Apr./110,000
Yucaipa/Calimesa..........Jan./160,000.......Feb./195,000.........Mar./199,000.......Apr./179,000
This is not a scientific compilation of median prices. I simply take the number of reported closed transactions, divide by 2 and the price of the property at that halfway point is the price I use as the median. These are only the closed sales that are reported through the IMRMLS and the numbers do not include new construction nor any properties that may have been sold by owners directly to buyers.
In the past, I have listed the median prices for the month just past compared to the years 2003 though 2010. This month I decided to change what I am reporting. I thought it would be interesting to chart the course of median prices for each month this year.
Judge for yourself, but it seems to me that median prices have remained in a very tight range in the fourteen communities that I track,
Banning/Beaumont...........Jan./169,000.......Feb./165,000........Mar./185,000......Apr./165,000
Bloomington.......................Jan./125,000.......Feb./110,000........Mar./150,000......Apr./150,000
Colton.................................Jan./97,500..........Feb./125,000........Mar./199,000......Apr./128,000
Fontana..............................Jan./190,000.......Feb./200,000.......Mar./200,000.....Apr./215,000
Grand Terrace..................Jan./236,000.......Feb./199,900........Mar./249,900......Apr./200,000
Highland............................Jan./163,500........Feb./150,000.......Mar./160,000......Apr./162,000
Loma Linda.......................Jan./275,000.......Feb./240,000.......Mar./175,000.......Apr./240,000
Mentone............................Jan./200,000.......Feb./225,000.......Mar./200,000......Apr./190,000
Moreno Valley..................Jan./150,000.......Feb./149,000........Mar./150,000......Apr./157,000
Redlands...........................Jan./210,000.......Feb./207,000........Mar./210,000......Apr./227,000
Rialto.................................Jan./145,000.......Feb./144,000........Mar./155,000.......Apr./155,000
Riverside..........................Jan./185,000.......Feb./200,000........Mar./190,000.......Apr./190,000
San Bernardino...............Jan./95,000.........Feb./92,000...........Mar./90,000.........Apr./110,000
Yucaipa/Calimesa..........Jan./160,000.......Feb./195,000.........Mar./199,000.......Apr./179,000
This is not a scientific compilation of median prices. I simply take the number of reported closed transactions, divide by 2 and the price of the property at that halfway point is the price I use as the median. These are only the closed sales that are reported through the IMRMLS and the numbers do not include new construction nor any properties that may have been sold by owners directly to buyers.
posted by shirley harry at 8:09 AM
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