The over $400,000 Real Estate Market

March 13, 2013
The following numbers do show clearly where today's real estate market is in contrast to where it was in 2006. From 2012 to 2013 there is recovery in the over $400,000 real estate market, but the higher priced house in our region still have a ways to go to regain lost equity. These are the numbers for February 2013, 2012, 2006 and January 2013.
Banning/Beaumont..........2013/1...........2012/0.........2006/7.........Jan/2013/0
Bloomington...................2013/0...........2012/0.........2006/4.........Jan/2013/3
Colton............................2013/0...........2012/0.........2006/2.........Jan/2013/0
Fontana..........................2013/2...........2012/3.........2006/93.......Jan/2013/3
Grand Terrace................2013/0...........2012/0.........2006/2.........Jan/2013/0
Highland.........................2013/1...........2012/0.........2006/17.......Jan/2013/1
Loma Linda....................2013/0...........2012/0.........2006/4.........Jan/2013/1
Mentone.........................2013/0...........2012/0.........2006/0.........Jan/2013/0
Moreno Valley................2013/0...........2012/0.........2006/78.......Jan/2013/0
Redlands.........................2013/5...........2012/10.......2006/23.......Jan/2013/8
Rialto..............................2013/0...........2012/0.........2006/13.......Jan/2013/0
Riverside.........................2013/34.........2012/17.......2006/162.....Jan/2013/23
San Bernardino...............2013/0...........2012/0..........2006/13......Jan/2013/0
Yucaipa/Calimesa...........2013/3...........2012/3..........2006/13......Jan/2013/4
Buyers for these over $400,000 properties are still scarce.