A New Statistic to Follow - $400,000

April 13, 2011 Back in the days of the real estate "boom", 2005-2006, the median price for home sales reported through the then IMRMLS reached into the $400,000 range. While I am not anticipating a return to that range in any time soon, It would be nice to see at least some activity in the $400,000+ range. Thus I thought I would begin tracking it on a regular basis. The first quarter of 2011 is now behind us and there was a bit of $400,000+ activity in at least 5 of the 14 communities that I regularly track. Here are the numbers. Probably no trend yet. Banning/Beaumont.......Jan/0.......Feb/0.......Mar/0 Bloomington..................Jan/0.......Feb/0.......Mar/0 Colton.............................Jan/0.......Feb/0.......Mar/0 Fontana..........................Jan/3.......Feb/2.......Mar/4 Grand Terrace...............Jan/0.......Feb/0.......Mar/0 Highland........................Jan/0.......Feb/2.......Mar/0 Loma Linda...................Jan/0.......Feb/0.......Mar/0 Mentone........................Jan/0.......Feb/0.......Mar/0 Moreno Valley..............Jan/0........Feb/0.......Mar/0 Redlands.......................Jan/6........Feb/6.......Mar/5 Rialto............................Jan/0........Feb/0.......Mar/0 Riverside......................Jan/11.......Feb/10......Mar/16 San Bernardino...........Jan/2........Feb/0........Mar/1 Yucaipa/Calimesa......Jan/2........Feb/2.........Mar/3 There are the numbers. Let's hope that communities such as Riverside and Fontana continue the upward trend.