Wednesday, August 10, 2011

More Statistics January to July Median 2011

August 10, 2011


Yesterdays post traced the median prices in July for the past nine years. Today the post will show how we are doing in 2011. Again the data comes from the CRMLS and is non academic - simply the price of the property at the halfway point of reported closed transactions for single family residential. Add three 000 to obtain the price.


Banning/Beaumont.............Jan/175......Feb/155......Mar/155......Apr/155


..............................................May148......June/165....July/161


Bloomington........................Jan/165......Feb/130......Mar/149......Apr/150


.............................................May/125.....June/150....July/155


Colton..................................Jan/93........Feb/122......Mar/149.....Apr/110


.............................................May/117.....June/130....July/110


Fontana...............................Jan/194......Feb/195......Mar/211......Apr/200


............................................May/185......June/215....July/205


Grand Terrace...................Jan/203......Feb/242......Mar/200.....Apr/205


...........................................May/180......June/165.....July/220


Highland...........................Jan/162.......Feb/180......Mar/155.......Apr/165


...........................................May/185......June/182....July/163


Loma Linda......................Jan/250.......Feb/219......Mar/220......Apr/200


..........................................May/235......June/250....July/220


Mentone...........................Jan/157.......Feb/80.........Mar/85........Apr/129/154


..........................................May/95.......June/95.......July/144


Moreno Valley.................Jan/155.......Feb/154........Mar/148......Apr/148


.........................................May/148......June/153.....July/157


Redlands.........................Jan/218.......Feb/203.......Mar/205......Apr/202


........................................May/220......June/225....July/205


Rialto..............................Jan/160........Feb/165......Mar/152.......Apr/160


........................................May/164.......June/158....July/165


Riverside........................Jan/180........Feb/195......Mar/187.......Apr/189


........................................May/190......June/189.....July/190


San Bernardino.............Jan/122.......Feb/105.......Mar/95........Apr/109


.......................................May/105......June/99.......July/123


Yucaipa/Calimesa........Jan/210.......Feb/190.......Mar/181......Apr/198


.......................................May/180......June/188.....July/195


Check for yourself. It seems that we are trading in a very narrow range. Median prices are generally influenced by the mix of properties sold. The smaller communities experience a wider range because the number of solds can be extremely small.

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