Listings, Pendings and Back-ups - September 1, 2011
September 1 2011
Here are the current numbers for properties listed in the CRMLS as of September 1, 2011. The pendings and back-ups constitute the properties that have accepted offers. The ratio is calculated by dividing the number of pendings and back-ups by the numb er of active listings.In general these ratios have been consistent or slightly improved.
Banning/Beaumont..........List/475.......Pend/224.......Back-up/113......Ratio/.709
Bloomington.....................List/68.........Pend/58..........Back-up/17.......Ratio/1.103
Colton................................List/100.......Pend/96.........Back-up/41.......Ratio/1.370
Fontana.............................List/648.......Pend/521.......Back-up/200....Ratio/1.113
Grand Terrace..................List/33..........Pend/19.........Back-up/10.......Ratio/.879
Highland...........................List/183........Pend/111........Back-up/45.......Ratio/.852
Loma Linda......................List/46..........Pend/33.........Back-up/16.......Ratio/1.065
Mentone...........................List/29..........Pend/18.........Back-up/11........Ratio/1.000
Moreno Valley.................List/773.........Pend/469......Back-up/206.....Ratio/.873
Redlands..........................List/243.........Pend/94........Back-up/66.......Ratio/.658
Rialto...............................List/291..........Pend/248.....Back-up/67........Ratio/1.082
Riverside.........................List/1195........Pend/751.......Back-up/417......Ratio/.977
San Bernardino..............List/664.........Pend/433......Back-up/110......Ratio/.818
Yucaipa/Calimesa.........List/243..........Pend/111.......Back-up/61........Ratio/.708
There you have a synopsis of the current activity. As you can see, we are not experiencing a glut of houses being offered for sale. We are also doing a pretty good job of moving the inventory and putting properties into escrow. In January 2011, all but one of the ratios was under .75. This month only three were under .75 and two of them were .70.
An optimist would say that slowly we have bottomed out and are stabilizing our real estate market.
Here are the current numbers for properties listed in the CRMLS as of September 1, 2011. The pendings and back-ups constitute the properties that have accepted offers. The ratio is calculated by dividing the number of pendings and back-ups by the numb er of active listings.In general these ratios have been consistent or slightly improved.
Banning/Beaumont..........List/475.......Pend/224.......Back-up/113......Ratio/.709
Bloomington.....................List/68.........Pend/58..........Back-up/17.......Ratio/1.103
Colton................................List/100.......Pend/96.........Back-up/41.......Ratio/1.370
Fontana.............................List/648.......Pend/521.......Back-up/200....Ratio/1.113
Grand Terrace..................List/33..........Pend/19.........Back-up/10.......Ratio/.879
Highland...........................List/183........Pend/111........Back-up/45.......Ratio/.852
Loma Linda......................List/46..........Pend/33.........Back-up/16.......Ratio/1.065
Mentone...........................List/29..........Pend/18.........Back-up/11........Ratio/1.000
Moreno Valley.................List/773.........Pend/469......Back-up/206.....Ratio/.873
Redlands..........................List/243.........Pend/94........Back-up/66.......Ratio/.658
Rialto...............................List/291..........Pend/248.....Back-up/67........Ratio/1.082
Riverside.........................List/1195........Pend/751.......Back-up/417......Ratio/.977
San Bernardino..............List/664.........Pend/433......Back-up/110......Ratio/.818
Yucaipa/Calimesa.........List/243..........Pend/111.......Back-up/61........Ratio/.708
There you have a synopsis of the current activity. As you can see, we are not experiencing a glut of houses being offered for sale. We are also doing a pretty good job of moving the inventory and putting properties into escrow. In January 2011, all but one of the ratios was under .75. This month only three were under .75 and two of them were .70.
An optimist would say that slowly we have bottomed out and are stabilizing our real estate market.
posted by shirley harry at 9:35 AM
0 Comments:
Post a Comment
<< Home