Monday, October 04, 2010

Active Listings, Pendings, Back-ups and Ratios - October 1, 2010

October 4, 2010


As we end the third quarter of 2010 and begin the fourth quarter, here are the numbers for active listings, those that have accepted contracts and are reported either as a pending sale or a pending sale looking for back-up offers. The ration number is calculated by dividing the total of pendings and back-ups by the total number of active listings. This is totally unscientific, but it does give an indication of the activity in the real estate market in the fourteen Inland Empire communities that I track.


Banning/Beaumont........Listings/601......Pendings/242......Back-up/77.......Ratio/.531


Bloomington....................Listings/83........Pendings/88.........Back-up/10......Ratio/1.181


Colton...............................Listings/137......Pendings/95.........Back-up/34.....Ratio/.842


Fontana............................Listings/789......Pendings/548......Back-up/176....Ratio/.918


Grand Terrace................Listings/38........Pendings/12.........Back-up/6........Ratio/.474


Highland..........................Listings/229......Pendings/105.......Back-up/43.....Ratio/.646


Loma Linda.....................Listings/72........Pendings/33.........Back-up/15......Ratio/.667


Mentone..........................Listings/30........Pendings/13.........Back-up/7........Ratio/.667


Moreno Valley................Listings/759......Pendings/549.......Back-up/213....Ratio/1/004


Redlands..........................Listings/311......Pendings/116.......Back-up/55......Ratio/.550


Rialto................................Listings/348......Pendings/233......Back-up/66......Ratio//859


Riverside.........................Listings/1414.....Pendings/789......Back-up/293....Ratio/.765


San Bernardino...............Listings/800......Pendings/526......Back-up/112....Ratio/.798


Yucaipa/Calimesa..........Listings/295.......Pendings/104......Back-up/58......Ratio/.549


There are the numbers. The ratios are a tad off from July and August, but still better than they were a year ago. You can check the previous months' numbers by going to the blog posts of 7/1, 82/ 9/1.

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