Listings and Pendings - March 1, 2011
March 1, 2011
A new month is beginning and here are the numbers for the active listings, the properties that have accepted offers and the ratio between the two. Except for the Banning/Beaumont area, there are half as many properties in escrow as there are active listings.
Banning/Beaumont.....Listings/646....Pendings/202....Backup/65......Ratio/.413
Bloomington................Listings/73.......Pendings/60......Backup/13.......Ratio/1.000
Colton..........................Listings/144......Pendings/81.......Backup/34......Ratio/.799
Fontana.......................Listings/856.....Pendings/468.....Backup/155....Ratio/.728
Grand Terrace............Listings/29.......Pendings/20.......Backup/3........Ratio/.793
Highland.....................Listings/200....Pendings/107......Backup/33......Ratio/.700
Loma Linda................Listings/56.......Pendings/32........Backup/8........Ratio/.714
Mentone.....................Listings/34.......Pendings/12.........Backup/8........Ratio/,588
Moreno Valley.........................Listings/970.....Pendings/466......Backup/159.....Ratio/.644
Redlands....................Listings/295.....Pendings/98........Backup/51.......Ratio/.505
Rialto.........................Listings/365......Pendings/233......Backup/71.......Ratio/.833
Riverside...................Listings/1506.....Pendings/659.....Backup/282....Ratio/.625
San Bernardino........Listings/841.......Pendings/416......Backup/100....Ratio/.614
Yucaipa/Calimesa....Listings/257......Pendings/92........Backup/62......Ratio/.599
These numbers are very close to the numbers posted for February 1, 2011. They do not indicate any significant changes in the volume of transactions for the past two months. Since I did not track these types of numbers during the ""boom"years, I do not know what precisely, I need to watch. Certainly, if there were a big decline in the ratios, it could be a sign of a slow down. However, the ratios are better than they were when I first started track about two years ago.
I believe that our local real estate markets are showing a positive trend.
A new month is beginning and here are the numbers for the active listings, the properties that have accepted offers and the ratio between the two. Except for the Banning/Beaumont area, there are half as many properties in escrow as there are active listings.
Banning/Beaumont.....Listings/646....Pendings/202....Backup/65......Ratio/.413
Bloomington................Listings/73.......Pendings/60......Backup/13.......Ratio/1.000
Colton..........................Listings/144......Pendings/81.......Backup/34......Ratio/.799
Fontana.......................Listings/856.....Pendings/468.....Backup/155....Ratio/.728
Grand Terrace............Listings/29.......Pendings/20.......Backup/3........Ratio/.793
Highland.....................Listings/200....Pendings/107......Backup/33......Ratio/.700
Loma Linda................Listings/56.......Pendings/32........Backup/8........Ratio/.714
Mentone.....................Listings/34.......Pendings/12.........Backup/8........Ratio/,588
Moreno Valley.........................Listings/970.....Pendings/466......Backup/159.....Ratio/.644
Redlands....................Listings/295.....Pendings/98........Backup/51.......Ratio/.505
Rialto.........................Listings/365......Pendings/233......Backup/71.......Ratio/.833
Riverside...................Listings/1506.....Pendings/659.....Backup/282....Ratio/.625
San Bernardino........Listings/841.......Pendings/416......Backup/100....Ratio/.614
Yucaipa/Calimesa....Listings/257......Pendings/92........Backup/62......Ratio/.599
These numbers are very close to the numbers posted for February 1, 2011. They do not indicate any significant changes in the volume of transactions for the past two months. Since I did not track these types of numbers during the ""boom"years, I do not know what precisely, I need to watch. Certainly, if there were a big decline in the ratios, it could be a sign of a slow down. However, the ratios are better than they were when I first started track about two years ago.
I believe that our local real estate markets are showing a positive trend.
posted by shirley harry at 8:51 AM
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