Listings, Pendings and Back-ups on July 1, 2010

July 1, 2010

Here we are at the halfway mark for the year 2010. As far as I can determine, real estate activity has continued at a fairly even pace in the 14 communities that I have been tracking.

The ratio figure is computed on the combined number of pendings and back-ups divided by the total number of active listings.

Here are the numbers so that you can make your own assessment.

Banning/Beaumont......Listings/549.......Pendings/226.......Back-up/95........Ratio/.585

Bloomington..................Listings/79..........Pendings/66.........Back-up/19........Ratio/1.076

Colton.............................Listings/121........Pendings/99.........Back-up/56.......Ratio/1.281

Fontana..........................Listings/645.......Pendings/661.......Back-up/202.....Ratio/1.338

Grand Terrace..............Listings/26..........Pendings/12.........Back-up/3..........Ratio/.577

Highland........................Listings/176.........Pendings/114.......Back-up/57........Ratio/.972

Loma Linda...................Listings/60..........Pendings/39.........Back-up/26........Ratio/.1.083

Mentone........................Listings/36...........Pendings/10.........Back-up/9..........Ratio/.528

Moreno Valley..............Listings/560........Pendings/694.......Back-up/253......Ratio/1.691

Redlands........................Listings/312........Pendings/119.......Back-up/45.........Ratio/.526

Rialto..............................Listings/263........Pendings/308......Back-up/74.........Ratio/1.452

Riverside.......................Listings/1180.......Pendings/882......Back-up/364......Ratio/1.056

San Bernardino.............Listings/666.........Pendings/604.....Back-up/142.......Ratio/1.120

Yucaipa/Calimesa........Listings/269.........Pendings/113......Back-up/55.........Ratio/.625

These are cumulative numbers and reflect was is currently available for sale and what is currently in some stage of a sale transaction.