Tuesday, March 13, 2012

Median Prices - November 2011-February 2012

March 13, 2012


I am posting the median prices of homes reported sold in the CRMLS. These numbers are simplistic as i take the total number of closed sales reported, divide by two and use the price of the property that falls at that halfway point as the median - the number where half the properties were sold for the same or less and half sold for the same or more. Frequently prices cluster around the median number.


Banning/Beaumont.........Feb/145,000......Jan/156,000......Dec/165,000......Nov/155,000


Bloomington.....................Feb/132,000......Jan/110,000......Dec/155,000......Nov/145,000


Colton................................Feb/121,500.......Jan/125,000......Dec/110,000......Nov/131.000


Fontana.............................Feb/210,000......Jan/210,200......Dec/210,000......Nov/200,000


Grand Terrace..................Feb/145,000......Jan/179,000.......Dec/175,000......Nov/189,500


Highland...........................Feb/145,000......Jan/160,000......Dec/150,000......Nov/170,000


Loma Linda......................Feb/185,000......Jan/130,000......Dec/198,000......Nov/192,000


Mentone...........................Feb/140,000......Jan/115/150.......Dec/180,000......Nov/120,000


Moreno Valley.................Feb/144,000......Jan/147,000.......Dec/155,000......Nov/150,000


Redlands..........................Feb/186,000......Jan/178,000.......Dec/190,000......Nov/189,000


Rialto................................Feb/165,000......Jan/163,000.......Dec/150,000......Nov/160,000


Riverside..........................Feb/180,000......Jan/195,000.......Dec/186,500......Nov/190,000


San Bernardino...............Feb/100,000......Jan/110,000.......Dec/103,500......Nov/108,000


Yucaipa/Calimesa..........Feb/160,000.......Jan/189,000......Dec/176,500.......Nov/180,000


There you have the numbers. We seem to still be bouncing along a bottom with several communities beginning to have some consistency in their medians. Fontana and Rialto seem to be steadying. No evidence of really sharp declines, but more signs that sales remain in the lower price ranges.

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