A Look at Units Sold First Half 2011

July 13, 2011


You be the judge. Does the volume of sold transactions seem to indicate that the real estate market is reaching a bottom?


Banning/Beaumont.....Jan/93...Feb/84...Mar/147...Apr/129...May/121...June/147


Bloomington................Jan/25...Feb/15....Mar/20....Apr/32.....May/11.....June/32


Colton..........................Jan/42...Feb/36....Mar/28....Apr/44.....May/46....June/35


Fontana.......................Jan/212..Feb/177..Mar/165...Apr/246..May/211...June/287


Grand Terrace............Jan/6......Feb/9.....Mar/11......Apr/10....May/8.......June/13


Highland.....................Jan/47....Feb/37...Mar/58.....Apr/58....May/54.....June/54


Loma Linda................Jan/22....Feb/12...Mar/15......Apr/12....May/22.....June/18


Mentone.....................Jan/5......Feb/6.....Mar/12......Apr/4......May/11......June/7


Moreno Valley.......................Jan/191...Feb/159..Mar/273...Apr/246..May/232..June/269


Redlands.................Jan/54.....Feb/44...Mar/55.....Apr/67.....May/67....June/75


Rialto......................Jan/104...Feb/66...Mar/132...Apr/116....May/108..June/116


Riverside................Jan/309...Feb/257..Mar/368..Apr/383...May/418..June/398


San Bernardino.....Jan/189...Feb/141...Mar/213...Apr/220..May/202..June/230


Yucaipa/Calimesa..Jan/50...Feb/41....Mar/66.....Apr/58.....May/50....June/68


It is interesting to note that with the exception of Grand Terrace and Mentone, the volume in February was the lowest for the year. Then the volume in March picked up. This could reflect delays in closing.
What do you think? It does seem as though the trend has been increased sales as the year progressed. Let's hope that this is a trend that continues.