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Inland Empire Single Family Home Median Price up 3.3%

The Inland Empire Area Market Report Mar-10
Source: Multi Regional Multiple Listing Service, Inc.

 

Multi Regional Multiple Listing Service, Inc. reports median single-family home price up 3.3% in Mar-10 over Feb-10, sales continue to climb to 4,727.

 

Mar-10 Quick Facts:

  • The median price of existing single-family homes increased to $222,000 up 3.3% vs Feb-10
  • Existing single-family home sales increased 27.2% from Feb-10 for a Mar-10 total of 4,727
  • Condos increased in price to $209,000 up 4.5% vs Feb-10
  • Existing condo sales increased 37.6% in Mar-10 over Feb-10 for a total of 706
  Powered by Clarus MarketMetrics®

 

Single Family Median Home Price
Mar-09 vs Mar-10
Clarus MarketMetrics®
04/09/2010

Click to enlarge image

 

The Number of Sold Properties by Month
Mar-09 vs Mar-10
Clarus MarketMetrics®
04/09/2010

Click to enlarge image

Mar-10 Multi Regional Multiple Listing Service, Inc. Regional Sales and Price Activity

Multi Regional Multiple Listing Service, Inc. Median PricePercent Change in Price from Prior MonthPercent Change in Price from Prior YearTotal # UnitsPercent Change in Sales from Prior MonthPercent Change in Sales from Prior Year
 Mar-10Feb-10Mar-09Mar-10Feb-10Mar-09
MLS Wide      
MRMLS (Single Family)$222,0003.3%11.0%4,72727.2%-18.2%
MRMLS (Condo)$209,0004.5%-2.8%70637.6%15.9%
       
MRMLS Region Cities      
Single Family Only      
Adelanto$85,0006.3%-4.5%215.0%-16.0%
Apple Valley$133,00036.4%3.9%320.0%28.0%
Arcadia$879,0009.9%38.4%1926.7%35.7%
Banning$114,000-3.4%42.5%32-20.0%-38.5%
Beaumont$214,2009.8%8.8%526.1%-10.3%
Chino$300,000-1.6%3.5%5159.4%70.0%
Chino Hills$445,00014.1%0.0%6129.8%79.4%
Colton$115,000-11.5%-10.5%32-27.3%-46.7%
Corona$320,000-4.5%6.7%20525.0%-34.7%
Covina$325,000-0.8%-4.4%3914.7%-17.0%
Fontana$200,000-4.8%5.3%24228.0%-23.7%
Glendale$705,00048.4%-2.9%2100.0%-92.6%
Hemet$119,9000.8%2.1%1179.3%-23.0%
Hesperia$126,5001.2%2.0%6020.0%-29.4%
Highland$169,0005.6%47.9%6196.8%-25.6%
La Puente$234,000-6.4%1.7%3628.6%-29.4%
Lake Elsinore$194,0004.9%7.8%11422.6%-17.4%
Los Angeles$190,000-13.2%-25.5%9624.7%-3.0%
Menifee$196,750-1.6%-2.2%10450.7%18.2%
Moreno Valley$155,0003.3%16.1%25225.4%-45.9%
Murrieta$240,000-6.1%-0.3%17140.2%-26.9%
Ontario$226,5200.7%5.4%9325.7%-8.8%
Pasadena$550,000-1.8%-3.5%9-10.0%-81.6%
Perris$144,5003.2%1.8%13634.6%-37.9%
Pomona$220,5003.5%13.1%8056.9%-3.6%
Rancho Cucamonga$335,000-0.4%7.6%11146.1%0.9%
Redlands$226,500-0.5%-13.9%4216.7%7.7%
Rialto$156,0004.0%7.6%10730.5%-10.1%
Riverside$195,000-8.0%8.3%32726.3%-28.4%
San Bernardino$95,0002.8%17.3%18911.2%-36.8%
San Jacinto$145,0002.1%18.9%7110.9%-21.1%
Sun City$122,500-5.8%-4.8%4422.2%-8.3%
Temecula$272,500-0.9%8.8%15919.6%-5.4%
Torrance$595,0003.2%13.3%5984.4%43.9%
Upland$399,5001.2%16.5%5066.7%-7.4%
Victorville$120,0007.6%5.3%8139.7%-25.7%
West Covina$375,000-7.4%6.4%46109.1%21.1%
Wildomar$245,00011.4%6.5%3110.7%-47.5%
Winchester$246,7502.8%5.5%38-22.4%-17.4%
Yucaipa$202,000-0.7%-10.4%5963.9%18.0%

Single Family = Single-Family, Cabin
Condo = Condo, Stock Cooperative, Townhouse
Reports generated from Clarus MarketMetrics�

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The MRMLS delivers, through local member associations, the most affordable, reliable, and convenient listing technology service available, and to provide products and services that support REALTORS� in maximizing use of property data to achieve business goals. Representing nearly 30,000 MLS subscribers, MRMLS is governed by the brokerage community, and owned by Inland Valleys, Tri-Counties, Palos Verdes Peninsula, Arcadia, Citrus Valley, East Valley, Inglewood, Montebello, South Bay, Southwest Riverside County, The Inland Gateway, and West San Gabriel Valley Associations of REALTORS�.

 

Published Sunday, April 25, 2010 4:12 PM by Gail Griffin
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