Median Prices - January Through August 2012

September 11, 2012
These numbers for median prices in the fourteen communities that I trace though the data reported in the CRMLS are the resuly of a simple mathematical process. I take the total number of sales reported, divide by two and select the listed selling price for the property at that halfway spot.
Banning/Beaumnot..........Jan/156,000......Feb/145,000......Mar/158,000......Apr/160,000......May/151,000
......................................June/158,500.....July/149,000......Aug/150,000
Bloomington...................Jan/110,000......Feb/132/140......Mar/175,000......Apr/145,000......May/129,000
......................................June/149,000.....July/159,000......Aug/175,000
Colton............................Jan/125,000......Feb/121,500......Mar/114,000......Apr/120,000......May/139,000
......................................June/110,000.....July/125,000......Aug/125,000
Fontana..........................Jan/210,200......Feb/210,000......Mar/114,000......Apr/120,000......May/220,000
......................................June/198,000.....July/216,000......Aug/215,000
Grand Terrace................Jan/179,000......Feb/145,000......Mar/199,000......Apr/170,000......May/182,000
......................................June/194,600.....July/185,000......Aug/179,000
Highland.........................Jan/160,000......Feb/145,000......Mar/184,000......Apr/157,000......May/225,000
......................................June/181,000.....July/175,000......Aug/170,000
Loma Linda....................Jan/230,000......Feb/185,000......Mar/195,000......Apr/230,000......May/189,000
......................................June/185,000.....July/270,000......Aug/200,000
Mentone.........................Jan/115/130......Feb/140,000......Mar/129/155......Apr/118,000......May/189,000
......................................June/80,000.......July/110/170......Aug/210,000
Moreno Valley................Jan/147,000......Feb/144,000......Mar/159,000......Apr/149,000......May/152,500
......................................June/158,900.....July/160,000......Aug/167,000
Redlands........................Jan/178,000......Feb/186,000......Mar/220,000......Apr/190,000......May/220,000
......................................June/223,000.....July/245,000......Aug/200,000
Rialto..............................Jan/163,000......Feb/165,000.....Mar/165,000......Apr/175,000......May/160,000
......................................June/163,000.....July/165,000......Aug/167,500
Riverside........................Jan/195,000......Feb/180,000......Mar/190,000......Apr/190,000......May/189,000
......................................June/208,000.....July/204,000......Aug/210,000
San Bernardino..............Jan/110,000.......Feb/100.000......Mar/105,000......Apr/110,000......May/114,200
.....................................June/117,000.....July/120,000.......Aug/126,000
Yucaipa/Calimesa..........Jan/189,000.......Feb/160,000......Mar/170,000......Apr/180,000......May/154,000
.....................................June/179,000......July/181,500......Aug/190,000
As you can see, prices continue to bounce along, but do not really show an upward trend. It is, however, interesting to note that the two largest communities in our area, Riverside and San Bernardino, do show a slight month over month improvement for June, July and August.