A Look at the Over $400,000 Market

March 15, 2012


Each month I try to check to see how our over $400,000 market is doing. I post the numbers so you can check for yourselves.


Banning/Beaumont.........Feb2012/0.......Jan2012/1.......Dec2011/0..........Feb2011/0


Bloomington.....................Feb2012/0.......Jan2012/0......Dec2011/0..........Feb2011/0


Colton................................Feb2012/0.......Jan2012/0......Dec2011/0..........Feb2011/0


Fontana.............................Feb2012/3.......Jan2012/1.......Dec2011/0..........Feb2011/2


Grand Terrace..................Feb2012/0.......Jan2012/0......Dec2011/0..........Feb2011/0


Highland...........................Feb2012/1.......Jan2012/1.......Dec2011/1...........Feb2011/2


Loma Linda......................Feb2012/0......Jan2012/1........Dec2011/1...........Feb2011/0


Mentone...........................Feb2012/0......Jan2012/0.......Dec2011/1............Feb2011/0


Moreno Valley.................Feb2012/0......Jan2012/0.......Dec2011/0...........Feb2011/0


Redlands...........................Feb2012/10....Jan2012/5.......Dec2011/4...........Feb2011/6


Rialto.................................Feb2012/0......Jan2012/0.......Dec2011/0..........Feb2011/0


Riverside...........................Feb2012/18....Jan2012/18.....Dec2011/18.........Feb2011/10


San Bernardino................Feb2012/0......Jan2012/1.......Dec2011/0...........Feb2011/0


Yucaipa/Calimesa...........Feb2012/3.......Jan2012/5.......Dec2011/2...........Feb2011/2


It is interesting to note that in February, the median price of homes sold was $400,000 in Riverside and Fontana in 2006 was $400,000. In February 2007, the median price in Riverside was $410,000 and in Fontana it was $415,000. By February 2008, Riverside's median price had dropped to $300,000 and Fontana's had dropped to $345,000.