Median Prices - May 2012-2003
June 12, 2012
A little history of the median prices in the fourteen communities that I track. These median price numbers are not derived in any accredited manner. I simply take the number of units sold as reported through the CRMLS, divide by two and the price at that halfway point is the price I post as the median for that area. Since the process is consistent, I hope that the results do reflect the status of prices. .
Banning/Beaumont..........2012/151,000......2011/148,500......2010/185,000......2009/170,000
......................................2008/230,000......2007/300,000......2006/335,500......2005/270,000
......................................2004/203,000......2003/142,000
Bloomington...................2012/129,000......2011/125,000......2010/155,000......2009/95,000
......................................2008/225,000......2007/387.000......2006/375,000......2005/323,000
......................................2004/230,000......2003/159,900
Colton............................2012/139,000......2011/117,000......2010/130,000......2009/100,000
......................................2008/199,900......2007/340,000......2006/332,000......2005/295,000
......................................2004/180,000......2003/160,000
Fontana..........................2012/220,000......2011/185,000......2010/200,000......2009/175,000
......................................2008/303,000......2007/420,000......2006/415,000......2005/363,000
......................................2004/285,000......2003/208,000
Grand Terrace................2012/182,000......2011/180,000......2010/187,000......2009/200,000
......................................2008/265,000......2007/340,000......2006/382,000......2005/340,000
......................................2004/270,777......2003/185,900
Highland.........................2012/225,000......2011/185,000......2010/173,500......2009/160,000
......................................2008/229,000......2007/380,000......2006/357,500......2005/315,000
......................................2004/249,950......2003/185,000
Loma Linda....................2012/189,000......2011/235,000......2010/203,200......2009/203/500
......................................2008/325,000......2007/415,000......2006/379,000......2005/324,000
......................................2004/280,000......2003/249,000
Mentone........................2012/180,000......2011/95/130........2010/220,000.......2009/192,000
.....................................2008/255,000.......2007/355,000......2006/353,000......2005/298,000
.....................................2004/182,000.......2003/170,000
Moreno Valley..............2012/152,500.......2011/148,000......2010/163,000......2009/130,000
.....................................2008/208,000.......2007/355,000......2006/382,000......2005/224,000
.....................................2004/287,000.......2003/180,000
Redlands.......................2012/220,000.......2011/220,000......2010/217,000......2009/233,000
.....................................2008/316,950.......2007/420,000......2006/365,000......2005/350,000
.....................................2004/290,000.......2003/229,900
Rialto............................2012/160,000.......2011/164,000......2010/164,901......2009/130,000
.....................................2008/225,000.......2007/373,000......2006/380,000......2005/329,900
.....................................2004/262,500.......2003/182,000
Riverside.......................2012/189,000.......2011/190,000......2010/215,000......2009/170,000
.....................................2008/279,000.......2007/400,000......2006/415,000......2005/379,000
.....................................2004/324,900.......2003/215,000
San Bernardino.............2012/114,200........2011/105,000......2012/107,000......2009/72,000
....................................2008/156,000........2007/300,000.......2006/300,000......2005/265,000
....................................2004/180,000........2003/135,000
Yucaipa/Calimesa........ 2012/154,000........2011/180,000.......2010/1109,750.....2009/211,000
....................................2008/254,500........2007/400,000.......2006/3990,000.....2005/339,900
....................................2004/265,000........2003/195,000
The numbers clearly point out the severity of the down turn. I do think that some of the 2012 low median prices are due to the characteristics of current buyers - investors or first time home buyers. Thus I believe that the median prices reflect where this activity is taking place. However, there is no denying that we have lost a lot of value that will take a while to regain.
A little history of the median prices in the fourteen communities that I track. These median price numbers are not derived in any accredited manner. I simply take the number of units sold as reported through the CRMLS, divide by two and the price at that halfway point is the price I post as the median for that area. Since the process is consistent, I hope that the results do reflect the status of prices. .
Banning/Beaumont..........2012/151,000......2011/148,500......2010/185,000......2009/170,000
......................................2008/230,000......2007/300,000......2006/335,500......2005/270,000
......................................2004/203,000......2003/142,000
Bloomington...................2012/129,000......2011/125,000......2010/155,000......2009/95,000
......................................2008/225,000......2007/387.000......2006/375,000......2005/323,000
......................................2004/230,000......2003/159,900
Colton............................2012/139,000......2011/117,000......2010/130,000......2009/100,000
......................................2008/199,900......2007/340,000......2006/332,000......2005/295,000
......................................2004/180,000......2003/160,000
Fontana..........................2012/220,000......2011/185,000......2010/200,000......2009/175,000
......................................2008/303,000......2007/420,000......2006/415,000......2005/363,000
......................................2004/285,000......2003/208,000
Grand Terrace................2012/182,000......2011/180,000......2010/187,000......2009/200,000
......................................2008/265,000......2007/340,000......2006/382,000......2005/340,000
......................................2004/270,777......2003/185,900
Highland.........................2012/225,000......2011/185,000......2010/173,500......2009/160,000
......................................2008/229,000......2007/380,000......2006/357,500......2005/315,000
......................................2004/249,950......2003/185,000
Loma Linda....................2012/189,000......2011/235,000......2010/203,200......2009/203/500
......................................2008/325,000......2007/415,000......2006/379,000......2005/324,000
......................................2004/280,000......2003/249,000
Mentone........................2012/180,000......2011/95/130........2010/220,000.......2009/192,000
.....................................2008/255,000.......2007/355,000......2006/353,000......2005/298,000
.....................................2004/182,000.......2003/170,000
Moreno Valley..............2012/152,500.......2011/148,000......2010/163,000......2009/130,000
.....................................2008/208,000.......2007/355,000......2006/382,000......2005/224,000
.....................................2004/287,000.......2003/180,000
Redlands.......................2012/220,000.......2011/220,000......2010/217,000......2009/233,000
.....................................2008/316,950.......2007/420,000......2006/365,000......2005/350,000
.....................................2004/290,000.......2003/229,900
Rialto............................2012/160,000.......2011/164,000......2010/164,901......2009/130,000
.....................................2008/225,000.......2007/373,000......2006/380,000......2005/329,900
.....................................2004/262,500.......2003/182,000
Riverside.......................2012/189,000.......2011/190,000......2010/215,000......2009/170,000
.....................................2008/279,000.......2007/400,000......2006/415,000......2005/379,000
.....................................2004/324,900.......2003/215,000
San Bernardino.............2012/114,200........2011/105,000......2012/107,000......2009/72,000
....................................2008/156,000........2007/300,000.......2006/300,000......2005/265,000
....................................2004/180,000........2003/135,000
Yucaipa/Calimesa........ 2012/154,000........2011/180,000.......2010/1109,750.....2009/211,000
....................................2008/254,500........2007/400,000.......2006/3990,000.....2005/339,900
....................................2004/265,000........2003/195,000
The numbers clearly point out the severity of the down turn. I do think that some of the 2012 low median prices are due to the characteristics of current buyers - investors or first time home buyers. Thus I believe that the median prices reflect where this activity is taking place. However, there is no denying that we have lost a lot of value that will take a while to regain.
posted by shirley harry at 9:09 AM
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