Tuesday, February 01, 2011

Listings and Pendings as of February 1, 2011

/February 1,2011

As usual I am posting the number of active listings and properties in escrow as reported in the CRMLS on February 1, 2011.

Banning/Beaumont......List/626........Pend/191.......Back-up/61.......Ratio/.403

Bloomington..................List/72...........Pend/60........Back-up/14.......Ratio/1.028

Colton.............................List/154........Pend/81.........Back-up/25.......Ratio/.688

Fontana..........................List/862.......Pend/475.......Back-up/144.....Ratio/.718

Grand Terrace..............List/29..........Pend/14.........Back-up/4.........Ratio/.621

Highland........................List/218.........Pend/94........Back-up/27.......Ratio/.555

Loma Linda...................List/62..........Pend/23.........Back-up/9.........Ratio/.516

Mentone........................List/29..........Pend/13.........Back-up/6.........Ratio/.655

Moreno Valley..............List/951........Pend/466.......Back-up/151....Ratio/.649

Redlands.......................List/304........Pend/78.........Back-up/47.......Ratio/.411

Rialto.............................List/387........Pend/204.......Back-up/57.......Ratio/.674

Riverside......................List/1484......Pend/628.......Back-up/278.....Ratio/.611

San Bernardino............List/868........Pend/391.......Back-up/111.....Ratio/.578

Yucaipa/Calimesa.......List/256.........Pend/91.........Back-up/50......Ratio/.551

There are the numbers for February 1, 2011. It is interesting to me to note that the ratios are in the most consistent range that they have been since I started tracking them. As 2011 progresses, it will be interesting to see if these ratios continue. If you remember, the ratios for 2010 were quite widely spread from 1.100 to .28. Perhaps these are the ratios that are consistent with a market that is neither "HOT" OR "COLD".

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