Wednesday, June 08, 2011

Median Prices - January - May 2011

June 8, 2011


The following median prices are derived from a simple process of dividing the number of sold properties in half and then listing the price of the sale at that halfway point. As usual the data comes from the IMRMLS now called the CRMLS.


Banning/Beaumont......Jan/175,000......Feb/155,000......Mar/155,000


.......................................Apr/155,000......May/148,500


Bloomington.................Jan/165,000......Feb/130,000......Mar/149,000


.......................................Apr/150,000.....May/125,000


Colton............................Jan/93,000.......Feb/122,000......Mar/120,000


.......................................Apr/110,000.....May/117,000


Fontana.........................Jan/196,000.....Feb/195,000......Mar/211,000


.......................................Apr/200,000....May/185,000


Grand Terrace..............Jan/203,000.....Feb/242,000.....Mar/200,000


.......................................Apr/205,000....May/180,000


Highland.......................Jan/162,000.....Feb/180,000......Mar/155,000


......................................Apr/165,000......May/185,000


Loma Linda..................Jan/250,000.....Feb/219,000......Mar/220,000


......................................Apr/200,000.....May/235,000


Mentone.......................Jan/157,000......Feb/80,000........Mar/85,000


......................................Apr/130/155......May/95/130


Moreno Valley.............Jan/155,000.......Feb/154,000......Mar/148,000


.....................................Apr/148,000......May/148,000


Redlands.....................Jan/218,000.......Feb/203,500......Mar/205,000


....................................Apr/202,000......May/220,000


Rialto..........................Jan/160,000.......Feb/165,000......Mar/152,000


....................................Apr/160,000......May/164,000


Riverside.....................Jan/180,000......Feb/195,000.......Mar/187,000


.....................................Apr/189,000.......May/190,000


San Bernardino..........Jan/122,000.......Feb/105,000.......Mar/95,000


....................................Apr/109,000.......May/105,000


Yucaipa/Calimesa.....Jan/210,000.......Feb/190,000.......Mar/181,500


....................................Apr/198,000.......May/180,000


Note that communities with a small volume of sales will have more fluctuating median prices because this method takes noting but the sale at the halfway mark into consideration.

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