Listing, Pendings and Back-ups as of August 1, 2011

August 1, 2011


As is my custom, I check the number of active listings, pending sales, back-up sales and calculate the ratio between what is still available for sale and what has entered escrow. The back-up category typically reflects those properties that have an accepted offer, but the offer has significant contingencies.


Banning/Beaumont.......List/530......Pend/209......Back-up/89.....Ratio/.562


Bloomington...................List/65........Pend/56........Back-up/20.....Ratio/1.169


Colton..............................List/115.......Pend/100......Back-up/47.....Ratio/1.336


Fontana...........................List/675......Pend/507......Back-up/215...Ratio/1.070


Grand Terrace................List/37........Pend/18.........Back-up/8.......Ratio/.703


Highland.........................List/174......Pend/112........Back-up/58.....Ratio/.977


Loma Linda....................List/45........Pend/34.........Back-up/16......Ratio/1.111


Mentone.........................List/25........Pend/14..........Back-up/10......Ratio/.960


Moreno Valley................List/768......Pend/485.......Back-up/221....Ratio/.919


Redlands.........................List/245......Pend/95.........Back-up/71......Ratio/.678


Rialto..............................List/292......Pend/255.......Back-up/66......Ratio/1.099


Riverside........................List/1271.....Pend/763........Back-up/410....Ratio/.923


San Bernardino.............List/687......Pend/399........Back-up/109....Ratio/.739


Yucaipa/Calimesa.........List/238......Pend/105........Back-up/67......Ratio/.723


As I look back to August 1, 2010, the numbers have remained within a fairly consistent range. No glut of active listings and ratios pretty similar to what they were at that time. I wonder....if we had more active listings would the ratios go up or down?