The Upper End Real Estate Market

May 19, 2011
Last month I began tracking the number of sales of property listed over the $400,000 price. Here are the numbers for the first four months of 2011.
Banning/Beaumont......Jan/0.....Feb/0......Mar/0......April/1
Bloomington.................Jan/0......Feb/0......Mar/o......April/o
Colton............................Jan/0......Feb/0......Mar/0.....April/0
Fontana.........................Jan/3......Feb/2......Mar/4......April/4
Grand Terrace..............Jan/0......Feb/0......Mar/0.....April/0
Highland.......................Jan/0......Feb/2......Mar/0......April/0
Loma Linda..................Jan/0......Feb/0......Mar/0......April/1
Mentone.......................Jan/0......Feb/0......Mar/0......April/0
Moreno Valley.............Jan/0......Feb/0......Mar/0......April/0
Redlands......................Jan/6......Feb/6......Mar/5......April/7
Rialto...........................Jan/0......Feb/0......Mar/0......April/0
Riverside.....................Jan/11.....Feb/10.....Mar/16.....April/22
San Bernardino..........Jan/2......Feb/0.......Mar/1.......April/0
Yucaipa/Calimesa......Jan/2......Feb/2.......Mar/3.......April/7
It is encouraging to see the numbers for Riverside improving. It is the most populous city that I track and we can hope that the trend in Riverside will continue and spread to some other communities.