Monthly Median Prices - Year to Date 2010

November 10, 2010

As part of my tracking the real estate market, I post monthly median prices as reported through our CRMLS (formerly MRMLS).

Here are the monthly medians

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.....Sept/170,000.....Oct/172,000

Bloomington..................Jan/135,000.......Feb/110,000......Mar/150,000......Apr/150,000.....May/155,000

......................................June/126,500......July/129,000......Aug/145,000......Sept/145,000.....Oct/150,000

Colton...........................Jan/97,500...........Feb/125,000......Mar/100,000......Apr/128,000.....May/107,000

.....................................June/113,000.......July/107,000......Aug/100,000......Sept/120,000....Oct/130,000

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......Sept/200,000....Oct/190,000

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......Sept/215,000.....Oct/223,000

Highland....................Jan/163,500.........Feb/150,000.......Mar/160,000......Apr/162,000......May/173,500

..................................June/185,000.......Ju;ly/170,000.......Aug/161,000......Sept/190,000.....Oct/191,000

Loma Linda........................Jan/275,000.........Feb/240,000.......Mar/175,000......Apr/240,000......May/203,200...

.................................June/220,000......July/190,000........Aug/215,000.....Sept/250,000......Oct/185,000

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.....Sept/159,900.......Oct/195,000

Moreno Valley.....................Jan/150,000..........Feb/149,000.......Mar/150,000.....Apr/157,000........May/163,000

..............................June/160,000.........July/150,000.......Aug/154,900.....Sept/159,000........Oct/155,000

Redlands...............Jan/210,000..........Feb/207,000.......Mar/210,000......Apr/227,000........May/217,000

.............................June/221,000..........July/199,900.......Aug/237,000......Sept/213,000........Oct/241,000

Rialto....................Jan/145,000...........Feb/144,000.......Mar/155,000......Apr/164,901.........May/165,000

............................June/165,000..........July/150,000.......Aug/158,000......Sept/170,000........Oct/160,000

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.....Sept/200,000........Oct/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.....Sept/100,000.........Oct/105,000
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......Sept/211,500..........Oct/193,000

Just a reminder. These numbers are derived from dividing the number of ales reported by 2. Median price is the price at the halfway point. It simply recognizes that half of the transactions sold for more and half sold for less. The median number reflects the mix of properties sold. However, there does seem to be a fairly consistent trading range in the various communities. Those small communities with fewer properties being sold seem to have a wider swing in the median price.