Median Prices - January Through October 2011

November 10, 2011


These median prices are not derived by using any scientific methodology. I simply divide the number of closed sales reported through the CRMLS and divide by two. The selling price of this property at this halfway point is the price I use for the median. Remember, median is the point at which half of the properties sold for more and half sold for less.


I have omitted the zeros from the prices. Thus $175 is actually $175,000.


Banning/Beaumont.........Jan/175......Feb/155......Mar/155......Apr/155......May/148


............................................June/165....July/161.....Aug/165......Sept/151......Oct/159


Bloomington....................Jan/165.......Feb/130.....Mar/149......Apr/150.......May/125


...........................................June/150.....July/155....Aug/140......Sept/150......Oct/145


Colton...............................Jan/93.........Feb/122.....Mar/149......Apr/110........May/117


..........................................June/130.....July/110.....Aug/120......Sept/116.......Oct/95


Fontana...........................Jan/194........Feb/195.....Mar/211.......Apr/200.......May/185


.........................................June/215......July/205....Aug/200......Sept/200......Oct/210


Grand Terrace................Jan/203.......Feb/242.....Mar/200......Apr/205.......May/180


.........................................June/165.....July/220.....Aug/215.......Sept/222.....Oct/175/200


Highland.........................Jan/162.......Feb/180......Mar/155.......Apr/165......May/185


.........................................June/182.....July/163.....Aug/200.......Sept/165.....Oct/170


Loma Linda....................Jan/250.......Feb/219......Mar/220......Apr/200......May/235


.........................................June/250.....July/220....Aug/250.......Sept/210.....Oct/195


Mentone.........................Jan/157........Feb/80.......Mar/85.........Apr/129/154....May/95


.........................................June/95.......July/144.....Aug/159/235.....Sept/93/170......Oct/80/150


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


.........................................June/153.....July/157.....Aug/159........Sept/155......Oct/152


Redlands........................Jan/218.......Feb/203......Mar/205......Apr/202.......May/220


........................................June/225.....July/205.....Aug/215.......Sept/196......Oct/225


Rialto.............................Jan/160........Feb/165......Mar/152.......Apr/160.......May/164


.......................................June/158......July/165.....Aug/170....... Sept/161......Oct/160


Riverside......................Jan/180........Feb/195......Mar/187.......Apr/189........May/190


......................................June/189......July/190.....Aug/200.......Sept/195.......Oct/185


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


.....................................June/99.........July/123.....Aug/100.......Sept/105.......Oct/105


Yucaipa/Calimesa.....Jan/210.........Feb/190......Mar/181.......Apr/198.........May/180


.....................................June/188......July 195......Aug/212.......Sept/165........Oct/171


The range of median prices continue to be fairly narrow. No big improvements but no big declines. Just a market finding its bottom and stabilizing.