Tracking the 2010 Median

September 14, 2010

As I track the median price of homes in our market area, 2010 has been an example of a real estate market that is in the process of finding its bottom. As this is not at all a scientific determination of the median price of homes, it is posted only as a snapshot of how our real estate market is performing. The prices posted are simply the price of the property at the halfway point of the properties sold in each month.

Banning/Beaumont......Jan/169,000......Feb/165,000......Mar/185,000......Apr/165,000

.......................................May/185,000......June/171,000......July/170,000......Aug/170,000

Bloomington..................Jan/135,000......Feb/110,000.......Mar/150,000.....Apr/150,000

.......................................May/155,000.....June/121,500......July/129,000......Aug/145,000

Colton............................Jan/97,500.........Feb/125,000.......Mar/100,000......Apr/128,000

.......................................May/130,000.....June/150,000.....July/105,000......Aug/120,858

Fontana.........................Jan/190,000......Feb/200,000.......Mar/200,000.....Apr/215,000

.......................................May/200,000....June/213,000......July/200,000.....Aug/210,000

Grand Terrace.............Jan/236,000......Feb/199,900........Mar/249,900......Apr/200,000

.......................................May/187,000.....June/182,500......July/190,000......Aug/190,000

Highland.......................Jan/163,500.......Feb/150,000.......Mar/160,000......Apr/162,000

......................................May/173,500......June/185,000......July/170,000......Aug/161,000

Loma Linda.................Jan/275,000.......Feb/240,000.......Mar/175,000.......Apr/240,000

......................................May/203,200.....June/220,000......July/199,900......Aug/237,000

Mentone......................Jan/200,000......Feb/225,000........Mar/200,000.....Apr/190,000

.....................................May/220,000.....June/78,000.........July/195,000......Aug/112/156.000

Moreno Valley...........Jan/150,000.......Feb/149,000........Mar/150,000......Apr/157,000

....................................May/163,000......June/160,000......July/150,000.......Aug/154,000

Redlands....................Jan/210,000.......Feb/207,000........Mar/210,000.......Apr/227,000

....................................May/217,000......June/221,000......July/199,900.......Aug/212,000

Rialto..........................Jan/145,000.......Feb/144,000........Mar/155,000.......Apr/155,000

....................................May/164,901......June/165,000......July/150,000.......Aug/158,000

Riverside...................Jan/185,000.......Feb/200,000.......Mar/190,000.......Apr/190,000

....................................May/215,000.....June/200,000.....July/190,000.......Aug/190,000

San Bernardino.........Jan/95,000........Feb/92,000..........Mar/90,000.........Apr/110,000

....................................May/107,000.....June/113,000......July/107,000.......Aug/100,000

Yucaipa/Calimesa.....Jan/160,000......Feb/195,000.......Mar/199,000.......Apr/179,000

....................................May/209,750.....June/189,500......July/170,000.......Aug/212,000

For whatever it may be worth, these are the numbers. No big surprises which is a good thing.