January thru May 2010- Median Prices
June 9, 2010
Yesterday I posted the median prices for the years 2010-2003 in the 14 communities that I track. Today I am posting the median prices in these 14 communities for this year to date. My caveat is that I obtain these prices from the IMRMLS by selecting the property that is at the halfway point among those properties reported as "sold".
Banning/Beaumont.....Jan/169,000.....Feb/165,000.....Mar/185,000.....Apr/165,000.....May/185,000
Bloomington.................Jan/135,000.....Feb/110,000.....Mar/150,000.....Apr/150,000.....May/155,000
Colton............................Jan/97,500.......Feb/125,000.....Mar/100,000.....Apr/128,000.....May/130,000
Fontana.........................Jan/190,000.....Feb/200,000....Mar/200,000.....Apr/215,000.....May/200,000
Grand Terrace.........................Jan/236,000.....Feb/199,900.....Mar/249,900......Apr/200,000....May/187,000
Highland.......................Jan/163,500......Feb/150,000....Mar/160,000......Apr/162,000.....May/173,500
Loma Linda............................Jan/275,000.....Feb/240,000....Mar/175,000......Apr/240,000.....May/203,200
Mentone......................Jan/200,000....Feb/225,000.....Mar/200,000.....Apr/190,000.....May/220,000
Moreno Valley..........................Jan/150,000.....Feb/199,000.....Mar/150,000.....Apr/157,000......May/163,000
Redlands....................Jan/210,000.....Feb/207,000.....Mar/210,000.....Apr/227,000.....May/217.000
Rialto..........................Jan/145,000.....Feb/144,000.....Mar/155,000.....Apr/155,000......May/164,901
Riverside...................Jan/185,000.....Feb/200,000.....Mar/190,000.....Apr/190,000.....May/215,000
San Bernardino...............Jan/95,000.......Feb/92,000........Mar/90,000.......Apr/110,000.....May/107,000
Yucaipa/Calimesa...Jan/160,000....Feb/195,000.......Mar/199,000.....Apr/179,000.....May/209,750
If these numbers are indicative of anything, it is probably that we are bumping along the bottom of this real estate cycle. If the future resembles the past, we will be in these price ranges for a while as the market absorbs the foreclosures and short sales.
Yesterday I posted the median prices for the years 2010-2003 in the 14 communities that I track. Today I am posting the median prices in these 14 communities for this year to date. My caveat is that I obtain these prices from the IMRMLS by selecting the property that is at the halfway point among those properties reported as "sold".
Banning/Beaumont.....Jan/169,000.....Feb/165,000.....Mar/185,000.....Apr/165,000.....May/185,000
Bloomington.................Jan/135,000.....Feb/110,000.....Mar/150,000.....Apr/150,000.....May/155,000
Colton............................Jan/97,500.......Feb/125,000.....Mar/100,000.....Apr/128,000.....May/130,000
Fontana.........................Jan/190,000.....Feb/200,000....Mar/200,000.....Apr/215,000.....May/200,000
Grand Terrace.........................Jan/236,000.....Feb/199,900.....Mar/249,900......Apr/200,000....May/187,000
Highland.......................Jan/163,500......Feb/150,000....Mar/160,000......Apr/162,000.....May/173,500
Loma Linda............................Jan/275,000.....Feb/240,000....Mar/175,000......Apr/240,000.....May/203,200
Mentone......................Jan/200,000....Feb/225,000.....Mar/200,000.....Apr/190,000.....May/220,000
Moreno Valley..........................Jan/150,000.....Feb/199,000.....Mar/150,000.....Apr/157,000......May/163,000
Redlands....................Jan/210,000.....Feb/207,000.....Mar/210,000.....Apr/227,000.....May/217.000
Rialto..........................Jan/145,000.....Feb/144,000.....Mar/155,000.....Apr/155,000......May/164,901
Riverside...................Jan/185,000.....Feb/200,000.....Mar/190,000.....Apr/190,000.....May/215,000
San Bernardino...............Jan/95,000.......Feb/92,000........Mar/90,000.......Apr/110,000.....May/107,000
Yucaipa/Calimesa...Jan/160,000....Feb/195,000.......Mar/199,000.....Apr/179,000.....May/209,750
If these numbers are indicative of anything, it is probably that we are bumping along the bottom of this real estate cycle. If the future resembles the past, we will be in these price ranges for a while as the market absorbs the foreclosures and short sales.
posted by shirley harry at 7:45 AM
0 Comments:
Post a Comment
<< Home