July Closings - 2010-2003

August 9, 2010

The following are the numbers for the closed transactions for the month of July as reported through the IMRMLS.

Banning/Beaumont......2010/111......2009/142......2008/115.......2007/56......2006/84

........................................2005/105.....2004/100.....2003/67

Bloomington..................2010/27........2009/44.......2008/23........2007/13........2006/20

........................................2005/23.......2004/37........2003/26

Colton.............................2010/57.......2009/76........2008/38........2007/15........2006/64

........................................2005/51.......2004/44........2003/36

Fontana.........................2010/259.....2009/413......2008/273......2007/94.......2006/221

.......................................2005/245.....2004/235......2003/244

Grand Terrace.............2010/6.........2009/12.........2008/12........2007/2..........2006/7

.......................................2005/14.......2004/8...........2003/9

Highland.......................2010/57........2009/87........2008/68........2007/30........2006/46

.......................................2005/70.......2004/59........2003/53

Loma Linda..................2010/20.......2009/23........2008/13........2007/16.........2006/20

.......................................2005/11........2004/16........2003/11

Memtone......................2010/4..........2009/15........2008/7..........2007/4..........2006/5

.......................................2005/2..........2004/6..........2003/7

Moreno Valley.............2010/272......2009/436......2008/386.....2007/84.......2006/105

......................................2005/289......2004/301......2003/261

Redlands......................2010/56........2009/63.........2008/55.......2007/45.......2006/69

......................................2005/72........2004/95.........2003/89

Rialto............................2010/105......2009/172.......2008/116.....2007/38.......2006/84

......................................2005/122......2004/119.......2003/117

Riverside.....................2010/434......2009/532.......2008/427.....2007/179.....2006/267

......................................2005/458......2004/426.......2003/414

San Bernardino...........2010/241......2009/382.......2008/241......2007/96......2006/203

......................................2005/218......2004/220.......2003/259

Yucaipa/Calimesa......2010/59........2009/58..........2008/40.......2007/36......2006/61

......................................2005/71........2004/66..........2003/73

Note the huge drop in numbers from 2006 to 2007. I wish I had been tracking the market at that time. In the trenches we knew that the market had come to a screeching halt. The numbers would have told us that there was a big change. The rising market was over. It is also interesting to note that the numbers bounced back in 2008 and more so in 2009. Perhaps due to investors and buyers recognizing what a value market it had become. The numbers for 2010 seem to show that the volume of sales has returned to a fairly standard amount.