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Inland Empire Real Estate and Marginalia

News, Information, statistics and other marginalia about the Inland Empire and Real Estate
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

 

Posted: Monday, June 16, 2008 6:35 PM by Robert Little, REALTOR®, e-PRO

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