Closed Single Family Homes - September 2012

October 8, 2012
As points of comparison for the number of residential properties reported closed though the CRMLS  in September, I am posting the September 2011, 2006, and 2005 numbers. 2005 and 2006, as you remember, were the height of the real estate boom. As this years numbers indicate, volume has declined year over year. You can see that the numbers also declined from 2005 to 3006. Some of this decline is the result of a lack of properties to sell. In 2005 and 2006, we were experiencing multiple offers. Such is also the case in 2012. If there are 24 potential buyers bidding on a property, sales numbers will only reflect one unit as sold if the other 23 are unable to find a house to purchase.
Here are the numbers for September
Banning/Beaumont...........2012/102.......2011/134.......2006/83......2005/107
Bloomington....................2012/19.........2011/20.........2006/16......2005/29
Colton.............................2012/22.........2011/40.........2006/45......2005/52
Fontana...........................2012/183.......2011/245.......2006/190....2005/303
Grand Terrace.................2012/10.........2011/11.........2006/14......2005/28
Highland..........................2012/40.........2011/66.........2006/50......2005/92
Loma Linda.....................2012/8...........2011/14.........2006/15......2005/13
Mentone..........................2012/9...........2011/11.........2006/8........2005/3
Moreno Valley.................2012/174.......2011/232.......2006/187....2005/370
Redlands..........................2012/66........2011/63.........2006/56.......2005/83
Rialto...............................2012/66........2011/106.......2006/83.......2005/145
Riverside..........................2012/333......2011/410.......2006/389.....20025/540
San Bernardino................2012/126.......2011/179......2006/189......2005/244
Yucaipa/Calimesa............2012/60.........2011/67........2006/54........2005/68