Median Home Prices - 2010-2003

July 12, 2010

For those of you who tract median home prices here are the statistics for the fourttenn communities that I track through the data reported in the IMRMLS>

Banning/Beaumont........2010/171,000......2009/147,500......2008/240,000......2007/294,990

..........................................2006/320,000......2005/269,000.....2004/196,500......2003/164,900

Bloomington....................2010/126,000......2009/120,750......2008/200,000......2007/355,000

..........................................2006/365.000......2005/320,000.....2004/250,000......2003/175,000

Colton...............................2010/150,000......2009/110.000......2008/201,000......2007/339,000

..........................................2006/339,999.......2005/295,000.....2004/240,000......2003/145,000

Fontana...........................2010/213,000.......2009/164,000......2008/275,000......2007/391,000

.........................................2006/415,000.......2005/372,000......2004/300,000......2003/205.900

Grand Terrace...............2010/182,500.......2009/189,000......2008/307,000......2007/370,000

.........................................2006/399,900.......2005/352,000......2004/265,000......2003/203,500

Highland.........................2010/185,000.......2009/135,000......2008/228,900.......2007/345,000

.........................................2006/365,000......2005/320,000......2004/265,000.......2003/198,900

Loma Linda....................2010/250,000......2009/169,000......2008/270,000.......2007/435,000

.........................................2006/375,000......2005/355,000......2004/380,000.......2003/193,000

Mentone.........................2010/78,000........2009/78,000.........2008/389,900.......2007/343,000

.........................................2006/257,500......2005/329,000......2004/186,800.......2003/134,900

Moreno Valley...............2010/160,000......2009/130,000......2008/200,000......2007/355,000

.........................................2006/377,000......2005/337,000......2004/263,500.......2003/180,500

Redlands........................2010/220,000......2009/174,900......2008/294,900.......2007/385,000

........................................2006/408,900......2005/406,000......2004/325,000......2003/227,000

Rialto..............................2010/165,000......2009/130,000......2008/220,000......2007/351,000

........................................2006/379,000......2005/336,000......2004/264,000......2003/182,500

Riverside.......................2010/200,000......2009/167,000......2008/269,900.......2007/402,600

........................................2006/425,000......2005/385,000......2004/322,000......2003/239,900

San Bernardino............2010/113,000.......2009/69,900........2008/165,000.......2007/295,000

.......................................2006/313,000......2005/278,000......2004/200.000......2003/134,900

Yucaipa/Calimesa.......2010/189,500.......2009/185,000......2008/295,000.......2007/340,000

.......................................2006/375,000......2005/362,000......2004/297,000.......2003/195,000

With the exception of Grand Terrace and Mentone, these communities are showing an improvement in the median price of homes soled. Also you can note that the two peak years were 2005 and 2006.