Median prices for May 2010-2003

June 8, 2010


The median prices posted here are derived from the closed transactions reported though the IMRMLS. They are selected by dividing the number of closed transactions by 2 and posting the price of the transaction at that halfway point. Not scientific, but representative of what is occurring and what has occurred as far as median prices in the 14 communities that I track.


Banning/Beaumont......2010/185,000......2009/170,000......2008/230,000......2007/300,000

........................................2006/335,500......2005/270,000......2004/203.000......2003/142,000

Bloomington..................2010/155,000......2009/95,000........2008/225,000.......2007/387,000

........................................2006/375,000......2005/323,000......2004/230,000......2003/159,900

Colton.............................2010/130,000......2009/100,000......2008/199,900......2007/340,000

........................................2006/332,000......2005/295,000......2004/180,000......2003/160,000

Fontana.........................2010/200,000......2009/175,000......2008/303,000.......2007/420,000

.......................................2006/415,000......2005/363,000.......2004/285,000.......2003/208,000

Grand Terrace.............2010/187,000......2009/200,000......2008/265,000.......2007/340,000

.......................................2006/382,000......2005/340,000......2004/270,777........2003/210,000

Highland.......................2010/173,500.......2009/160,000......2008/229,000.......2007/380,000

.......................................2006/357,500......2005/315,000......2004/249,950........2003/185,900

Loma Linda..................2010/203,200......2009/203/500......2008/325,000......2007/415,000

.......................................2006/379,000......2005/324,000......2004/280,000.......2003/249,000

Mentone.......................2010/220,000......2009/192,000......2008/255,000.......2007/355,000

.......................................2006/353,000......2005/298,000......2004/182,000......2003/170,000

Moreno Valley.............2010/163,000......2009/130,000......2008/208,000......2007/355,000

......................................2006/382,000......2005/224,000......2004/287,000......2003/180,000

Redlands......................2010/217,000......2009/233,000......2008/316,950.......2007/420,000

......................................2006/365,000......2005/350,000......2004/290,000......2003/229,900

Rialto............................2010/164,901......2009/130,000.......2008/225,000.......2007/373,000

......................................2006/380,000.....2005/329,900.......2oo4/262,500........2003/182,000

Riverside.....................2010/215,000......2009/170,000......2008/279,000........2007/400,000

......................................2006/415,000......2005/379,000......2004/324,900.......2003/215,000

San Bernardino..........2010/107,000.......2009/72,000........2008/156,000.......2007/300,000

.....................................2006/310,000......2005/265,000......2004/180,000.......2003/135,000

Yucaipa/Calimesa......2010/209,750......2009/211,000......2008/254,500.......2007/400,000

......................................2006/292,000......2005/339,900.....2004/265,000.......2003/195,000

2005,2006,2007 were are peak years for May's median price. since then the median price has drooped back to 2003 levels. Tomorrow, I will post the median levels for January through May of 2010 so you can perhaps check the direction of the real estate market in terms of median prices.