Closed over $4000,000 January 2013 and January 2012

February 14, 2013
The segment of our residential real estate market that remains sluggish is the sale of properties in the $400,000 and over bracket. When one considers that in 2005 and 2006 the median price in some of the communities of our Inland Southern California region had median prices at $400,000 and above, it is clear that while markets are recovering, they are not yet attracting many upper end buyers and sellers.
Here are the numbers for January 2013 and January 2012. They show little if any change in volume.
Banning/Beaumont..............2013/0........2012/1
Bloomington.......................2013/0........2012/0
Colton................................2013/0........2012/0
Fontana..............................2013/3........2012/1
Grand Terrace....................2013/0........2012/0
Highland.............................2013/1........2012/1
Loma Linda........................2013/1........2012/1
Mentone.............................2013/0........2012/0
Moreno Valley....................2013/0........2012/0
Redlands............................2013/8........2012/5
Rialto.................................2013/0........2012/0
Riverside............................2013/20......2012/19
San Bernardino...................2013/0........2012/1
Yucaipa/Calimesa...............2013/4........2012/5