Over $400,000 - Showing Life

July 19, 2011


From median prices in the over $400,000 range in 2006 and 2007 to almost no sales in the over $400,000, I thought that this segment of the market would be worth watching. So for the first half of 2011, here are the number of closed sales reported through the CRMLS.


Banning/Beaumont........Only 1 sale reported and that was in April


Bloomington................... 1 sale reported in June; none in the other months


Colton..............................No sales reported over $400,000


Fontana...........................Jan/3....Feb/2....Mar/4....Apr/4....May/0....June/4


Grand Terrace................No sales reported over $400,000


Highland.........................2 sales in Feb. and 1 in June; none in the other months


Loma Linda....................1 in April; none in the other months


Mentone.........................No sales reported over $400,000


Moreno Valley...............1 sales reported in June; none in the other months


Redlands........................Jan/6....Feb/6....Mar/5....Apr/7....May/8....Jane/8


Rialto.............................No sales reported over $400,000


Riverside.......................Jan/11....Feb/10....Mar/16....Apr/22....May/18....June/24


San Bernardino............2 in Jan and 1 in Mar; none in the other months


Yucaipa/Calimesa.......Jan/2....Feb/2....Mar/3....Apr/7....May/4.....June/4


The totals for the 14 communities are better in the second quarter.


Jan/24.....Feb/22.....Mar/29.....Apr/42.....May/30.....June/42.


Here's to the upward trend!!!