Closed Sales - July 2011-2003

August 8, 2011




In the fourteen communities that I track, the July numbers for closed sales in the Beaumont/Banning area stand out when compared to the past 9 Years. 152 is the highest volume of closings since 2003. These sales may well be influenced by the really attractive prices for the many homes built in the 2003-2006 era. These homes have the amenities that buyers seek at prices that are very affordable; two characteristics that drive buying decisions.




Here are the closed sale numbers 2011-2003




Banning/Beaumont...........2011/152.....2010/111.....2009/142.....2008/115




............................................2007/56......2006/84.....2005/105.....2004/100




............................................2003/67




Bloomington......................2011/25.......2010/27......2009/44......2008/23




...........................................2007/13......2006/20......2005/23......2004/27




...........................................2003/26




Colton................................2011/49......2010/57.......2009/76.......2008/38




...........................................2007/15......2006/64......2005/51........2004/44




...........................................2003/36




Fontana.............................2011/228....2010/259.....2009/413.....2008/273




...........................................2007/94.....2006/221.....2005/245.....2004/235




...........................................2003/244




Grand Terrace..................2011/10......2010/6........2009/12.........2008/12




...........................................2007/2.......2006/7........2005/14.........2004/8




...........................................2003/9




Highland...........................2011/55......2010/57.......2009/87........2008/68




..........................................2007/30.....2006/46......2005/70........2004/59




..........................................2003/53




Loma Linda......................2011/14......2010/20.......2009/23........2008/13




..........................................2007/16.....2006/20......2005/11..........2004/16




..........................................2003/11




Mentone...........................2011/11......2010/4..........2009/15........2008/7




..........................................2007/4......2006/5.........2005/12........2004/6




..........................................2003/7




Moreno Valley..................2011/249...2010/272.....2009/435......2008/386




..........................................2007/84....2006/226.....2005/289.....2004/301




..........................................2003/261




Redlands..........................2011/56......2010/56......2009/63........2008/55




.........................................2007/45.....2006/69......2005/72........2004/95




.........................................2003/89




Rialto...............................2011/111......2010/105.....2009/172.......2008/116




.........................................2007/38.....2006/84......2005/122.......2004/119




.........................................2003/117




Riverside.........................2011/371.....2010/434.....2009/532......2008/427




........................................2007/179....2006/376.....2005/458......2004/426




........................................2003/414




San Bernardino.............2011/197.....2010/241......2009/382......2008/241




........................................2007/96......2006/203....2005/218.......2004/220




.......................................2003/259




Yucaipa/Calimesa........2011/49.......2010/59........2009/58........2008/40




.......................................2007/36......2006/61........2005/71.........2004/66




.......................................2003/73




It is interesting to note that most of the communities took a severe downturn in volume in 2007, but came back with bigger numbers in 2008 and then rather leveled out the past three years.