Weekly Median Asking Price June 16, 2008

The median asking price according to HousingTracker.net continues to fall for the Riverside-San Bernardino area. The cities tracked include the cities of Corona, Fontana, Rancho Cucamonga, Ontario, and others. The median asking price fell by $4k this week and averages about $3k per week over the last 10 weeks. The weekly median asking price fell -1.4% to $275,000. The weekly inventory dropped -0.7% to a total of 46,962 units. This is only slightly higher than it was two weeks ago.

Trend	06/16/2008	1 month	3 month	6 month	12 month
Median Price	$275,000	-4.8%	-13.9%	-21.4%	-31.2%
Inventory	46,962	+0.4%	-4.4%	-7.5%	-7.8%

Date	Inventory (SFH + Condo)	25th Percentile	50th Percentile (Median)	75th Percentile
06/16/2008	46,962	$199,000	$275,000	$395,000
06/09/2008	47,297	$199,900	$279,000	$399,000
06/02/2008	46,949	$200,000	$280,000	$399,000
05/26/2008	47,187	$200,000	$285,000	$399,000
05/19/2008	46,779	$208,900	$289,000	$399,900
05/12/2008	47,403	$210,000	$292,500	$402,500
05/05/2008	47,960	$215,000	$299,000	$410,000
04/28/2008	48,253	$219,900	$299,000	$415,000
04/21/2008	47,920	$224,000	$299,900	$419,999
04/14/2008	48,625	$225,000	$299,999	$423,990