Tracking the Over $400,000 Market - 2012

October 15, 2012
We are three quarters though 2012. It does seem as though the over $400,000 market has some life. The closed sales in September were a bit off the pace that had been improving throughout the year. Certainly it is better than the past several years, but still has a long way to go to catch up with 2005 and 2006.
Here are the numbers taken from closed single family home sales reported though the CRMLS>
Banning/Beaumont..........Sept/1.......Aug/0.......July/0.......June/0.......May/0.......Apr/0
......................................Mar/0.......Feb/0........Jan/1
Bloomington...................Sept/0.......Aug/0.......July/0.......June/0.......May/0.......Apr/0
......................................Mar/0.......Feb/0.......Jan/0
Colton...........................Sept/0.......Aug/0.......July/0.......June/1.......May/0.......Apr/0
.....................................Mar/0........Feb/0.......Jan/0
Fontana........................Sept/4........Aug/1.......July/0.......June/1.......May/0.......Apr/0
.................................... Mar/1........Feb/3.......Jan/1
Grand Terrace..............Sept/0.......Aug/0.......July/0.......June/0........May/0.......Apr/0
.....................................Mar/0.......Feb/0.......Jan/0
Highland.......................Sept/0.......Aug/3.......July/1.......June/4.......May/3........Apr/2
....................................Mar/0......Feb/1........Jan/1
Loma Linda.................Sept/0.......Aug/2.......July/2........June/0........May/1.......Apr/1
...................................Mar/0........Feb/0.......Jan/1
Mentone.....................Sept/0.......Aug/0........July/0.......June/0........May/0........Apr/0
...................................Mar/0.......Feb/0........Jan/0
Moreno Valley............Sept/0.......Aug/1........July/0.......June/0........May/0........Apr/0
...................................Mar/0.......Feb/0........Jan/0
Redlands.....................Sept/7.......Aug/12......July/13.....June/11.....May/9.........Apr/6
...................................Mar/8........Feb/10.....Jan/5
Rialto..........................Sept/0.......Aug/0.......July/0.......June/0........May/0.........Apr/0
..................................Mar/0........Feb/0.......Jan/0
Riverside....................Sept/19.....Aug/20.....July/22......June/24......May/23......Apr/20
..................................Mar/20......Feb/18.....Jan/18
San Bernardino..........Sept/0........Aug/1......July/1.........June/1.......May/0........Apr/0
..................................Mar/0........Feb/0......Jan/1
Yucaipa/Calimesa......Sept/3........Aug/4......July/7.........June/4.......May/3........Apr/4
.................................Mar/2.........Feb/3......Jan/5
Judge for yourselves. There is life, but no real trend upwards.