Listings, Pendings and Back-ups as of February 2012

February 1, 2012


As you can note, we do not have a glut of active listings. The market has started 2012 with some good activity and the ratio of properties with accepted offers (pendings and back-up) is increasing.


Here are the numbers:


Bammimg/Beaumont...........List/426.......Pend/197........Back-up/107.......Ratio/.713


Bloomington..........................List/66..........Pend/48.........Back-up/17.........Ratio/.985


Colton.....................................List/102........Pend/94..........Back-up/31........Ratio/1.225


Fontana..................................List/520........Pend/430.......Back-up/222......Ratio/1.253


Grand Terrace.......................List/38..........Pend/17..........Back-up/4...........Ratio/.553


Highland................................List/143........Pend/96..........Back-up/58........Ratio/1.077


Loma Linda...........................List/38..........Pend/28..........Back-up/14........Ratio/1.105


Mentone................................List/22..........Pend/20..........Back-up/9..........Ratio/1.318


Moreno Valley......................List/635........Pend/400.......Back-up/199......Ratio/.943


Redlands...............................List/234........Pend/92..........Back-up/58........Ratio/.641


Rialto.....................................List/290.......Pend/203........Back-up/70........Ratio/.941


San Bernardino....................List/593.......Pend/319........Back-up/125.......Ratio/.749


Yucaipa/Calimesa...............List/202.......Pend/101.........Back-up/73........Ratio/.861


It is a good sign that the ratios are rising. Just as a comparison, Riverside had a ratio of .611 on February 1, 2011 and active listings of 1484. San Bernardino had 868 active listings on February 1, 2011 and a ratio of .578. Slowly but surely it does look like the real estate market has turned a corner. Let's hope it continues this trend.