Is the Real Estate Market Improving? Median Prices September though January 2012

October 11, 2012
If the new media is to be believed, the real estate market is on its way to recovery; albeit slowly. Check for yourselves how the median prices in our area have trended this year. Remember that these medians are not arrived at in any scientific way. They reflect only the reported selling price of the property at the halfway mark of the properties reported sold.
Banning/Beaumont..........Sept/164,000......Aug/150,000......July/149,000......June/158,500
......................................May/151,000......Apr/160,000......Mar/158,000......Feb/145,000
......................................Jan/156,000
Bloomington...................Sept/145,000......Aug/175,000......July/159,000......June/149,000
......................................May/129,000......Apr/145,000......Mar/175,000......Feb/132/140
......................................Jan/110,000
Colton............................Sept/130,000......Aug/125,000......July/125,000.......June/110,000
......................................May/139,000......Apr/120,000.......Mar/114,000......Feb/121,500
......................................Jan/125,000
Fontana..........................Sept/228,500......Aug/215,000.......July/216,000......June/198,000
......................................May/220,000......Apr/215,000.......Mar/197,000......Feb/210,000
......................................Jan/210,200
Grand Terrace...............Sept/174,000......Aug/179,000.......July/185,000.......June/194,600
......................................May/182,000......Apr/170,000......Mar/199,000.......Feb/145,000
......................................Jan/179,000
Highland........................Sept/167,000......Aug/170,000.......July/175,000.......June/181,000
......................................May/225,000.....Apr/157,000.......Mar/184,000.......Feb/145,000
......................................Jan/160,000
Loma Linda...................Sept/245,000......Aug/200/209.......July/270,000.......June/185,000
.....................................May/189,000......Apr/230,000.......Mar/195,000.......Feb/185,000
.....................................Jan/230,000
Mentone.......................Sept/72/154........Aug/210,000.......July/110/170........June/80,000
.....................................May/180,000......Apr/118,000.......Mar/129/155.......Feb/140,000
.....................................Jan/115/130
Moreno Valley..............Sept/163,000......Aug/167,000......July/160,000.........June/158,900
.....................................May/152,500......Apr/149,000......Mar/153,000........Feb/144,000
.....................................Jan/147,000
Redlands.......................Sept/222,500......Aug/200,000......July/245,000........June/223,000
.....................................May/220,000......Apr/190,000......Mar/220,000........Feb/186,000
.....................................Jan/178,000
Rialto............................Sept/182,000......Aug/167,500......July/165,000........June/163,000
.....................................May/160,000......Apr/175,000......Mar/165,000.......Feb/165,000
.....................................Jan/163,000
Riverside......................Sept/200,000......Aug/210,000......July/204,000.........June/208,000
....................................May/189,000......Apr/190,000......Mar/190,000........Feb/180,000
....................................Jan/195,000
San Bernardino............ Sept/125,000......Aug/126,000......July/120,000........June/117,000
....................................May/114,200......Apr/110,000.......Mar/105,000.......Feb/100,000
....................................Jan/110,000
Yucaipa/Calimesa.........Sept/199,000......Aug/190,000.......July/181.500.......June/179,000
....................................May/154,000.......Apr/180,000......Mar/170,000.......Feb/160,000
....................................Jan/189,000
In my Opinion, there are no strong trends in this data. There is slight improvement in the September number over the January number. In between it is up and down, but not large differences.