Median Prices for July 2011-2003

August 9, 2011


Here are the median prices for the fourteen communities that I track as taken from the CRMLS. This is not a sophisticated determination of a median price. It is simply taking the total number of reported closed transactions, dividing in half and posting the selling price of the property at the halfway point. You will need to add 000 to the numbers posted.


Banning/ Beaumont..............2011/161......2010/170......2009/172......2008/235


................................................2007/320.....2006/325.....2005/325......2004/235


................................................2003/148


Bloomington..........................2011/155......2010/129......2009/120......2008/185


...............................................2007/438....2006/370......2005/309.....2004/265


...............................................2003/170


Colton....................................2011/110......2010/105......2009/96........2008/194


...............................................2007/260....2006/336.....2005/314.......2004/225


...............................................2003/170


Fontana.................................2011/205......2010/200.....2009/180......2008/274


..............................................2007/414.....2006/420.....2005/400.....2004/315


..............................................2003/212


Grand Terrace.....................2011/220.....2010/190......2009/203......2008/275


.............................................2007/348.....2006/365.....2005/342.......2004/292


.............................................2003/250


Highland.............................2011/163......2010/170......2009/130.......2008/280


............................................2007/336.....2006/392.....2005/346.......2004/272


............................................2003/217


Loma Linda.......................2011/220......2010/190......2009/230......2008/308


...........................................2007/429.....2006/495.....2005/397.......2004/315


...........................................2003/225


Mentone...........................2011/144......2010/195......2009/170........2008/189


..........................................2007/170


................................................../344....2006/385.....2005/245.......2004/298


.........................................2003/238


Moreno Valley................2011/157.......2010/150......2009/140.......2008/198


........................................2007/355......2006/390....2005/340.......3004/275


........................................2003/190


Redlands........................2011/205......2010/201......2009/220......2008/284


.......................................2007/420.....2006/425.....2005/362.......2004/330


.......................................2003/270


Rialto............................2011/165.......2010/150.......2009/130.......2008/190


......................................2007/360.....2006/391......2005/340.......2004/279


......................................2003/190


Riverside......................2011/190......2010/190......2009/175........2008/255


.....................................2007/400.....2006/430.....2005/400......2004/330


.....................................2003/230


San Bernardino..........2011/123.......2010/107......2009/75.........2008/150


....................................2007/299.....2006/311......2005/275.......2004/212


....................................2003/142


Yucaipa/Calimesa.....2011/195.......2010/170......2009/199.......2008/260


....................................2007/355.....2006/390.....2005/360.......2004/314


...................................2003/205


It is interesting to note that only the Banning/Beaumont area has a higher median price in 2011 than it had in 2003. Perhaps this is because so much new housing was built and the current housing stock is much improved from what it was in 2003.