The weekly median asking price continues to fall. The latest dip was to $257,600, a change of -0.9%, or $2400, that is keeping to within the current normal range. Inventory climbed 3.2% to 47,243. Until the inventory begins to decline significantly the median price will continue to fall.
The area includes the major cities of Corona, Fontana, Moreno Valley, Ontario, Palm Desert, Palm Springs, Rancho Cucamonga, Riverside, San Bernardino, Temecula and many others.
Trend | 07/21/2008 | 1 month | 3 month | 6 month | 12 month |
Median Price | $257,600 | -4.6% | -14.1% | -25.1% | -35.4% |
Inventory | 47,243 | -0.6% | -1.4% | -1.6% | -9.0% |

Date | Inventory (SFH + Condo) | 25th Percentile | 50th Percentile (Median) | 75th Percentile |
07/21/2008 | 47,243 | $185,000 | $257,600 | $371,175 |
07/14/2008 | 45,778 | $189,900 | $259,999 | $379,000 |
07/07/2008 | 46,531 | $189,905 | $264,900 | $379,900 |
06/30/2008 | 45,947 | $194,900 | $269,900 | $387,500 |
06/23/2008 | 47,519 | $195,225 | $270,000 | $389,000 |
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 |
Search the Inland Empire are MLS no registration required!
What is your home is worth? No registration required.
No comments:
Post a Comment