Monday, May 14, 2012

Listings, Pendings and Back-ups - May 1, 2012

May 14, 2012
Here are the numbers for the active listings, pendings and back-ups as reported in the CRMLS on May 1, 2012. In the April 1, 2012 data there had been a significant change in the ratios between active listings and those properties that had accepted offers and had been put into the escrow process. As of  May 1, 2012 the ratios have almost doubled with the number pf properties in escrow being almost twice the number of remaining active listings.
Here are the numbers for the fourteen communities that I track.
Banning/Beaumont..........Active/312......Pend/253......Back-up/150......Ratio/1.292
Bloomington...................Active/31........Pend/50........Back-up/28........Ratio/2.516
Colton............................Active/63........Pend/98........Back-up/28........Ratio/2.000
Fontana..........................Active/341......Pend/542......Back-up/277......Ratio/2.402
Grand Terrace................Active/25........Pend/30........Back-up/16........Ratio/1.840
Highland.........................Active/113......Pend/139......Back-up/68........Ratio/1.832
Loma Linda....................Active/17........Pend/42........Back-up/25........Ratio/3.941
Mentone.........................Active/13........Pend/17........Back-up/13........Ratio/2.308
Moreno Valley................Active/395......Pend/502......Back-up/294......Ratio/2.015
Redlands.........................Active/175......Pend/121......Back-up/93........Ratio/1.223
Rialto..............................Active/146......Pend/250......Back-up/108......Ratio/2.452
Riverside.........................Active/658......Pend/868......Back-up/469......Ratio/2.032
San Bernardino...............Active/402.......Pend/433.....Back-up/170......Ratio/1.500
Yucaipa/Calimesa...........Active/143.......Pend/120.....Back-up/81........Ratio/1.406
If you look at these numbers, you may not believe the news media that continues to cite the glut of homes on the market. Certainly we are not presently having a large supply of unsold properties. As new listings are posted in the CRMLS, they have been having offers and entering escrow at a rate that we have not seen in some years.

0 Comments:

Post a Comment

<< Home