Monday, July 21, 2008

June sales by city

Here are the numbers from DataQuick for sales by city.

City, .......Sales......2008 median....2007 Median...% chg

Riverside County 3,471 $275,000 $405,000 -32.10%
BANNING 38 $198,750 $262,000 -24.14%
BEAUMONT 73 $272,500 $380,000 -28.29%
BLYTHE 7 $215,000 $190,136 13.08%
CABAZON 5 $150,000 $252,000 -40.48%
CALIMESA 4 $269,500 $370,000 -27.16%
CATHEDRAL CITY 51 $217,000 $330,000 -34.24%
COACHELLA 38 $212,000 $325,000 -34.77%
CORONA 431 $369,705 $550,000 -32.78%
DESERT HOT SPRINGS 61 $157,500 $273,500 -42.41%
HEMET 161 $177,000 $288,750 -38.70%
HOMELAND 2 $167,750 $435,000 -61.44%
IDYLLWILD 4 $338,000 $310,750 8.77%
INDIAN WELLS 34 $739,250 $860,000 -14.04%
INDIO 167 $256,000 $365,000 -29.86%
LA QUINTA 113 $466,000 $556,250 -16.22%
LAKE ELSINORE 119 $245,000 $385,000 -36.36%
MENIFEE 109 $268,000 $392,000 -31.63%
MIRA LOMA 25 $360,000 $439,000 -18.00%
MORENO VALLEY 322 $212,090 $379,500 -44.11%
MURRIETA 296 $289,000 $440,000 -34.32%
NORCO 20 $476,000 $540,000 -11.85%
NUEVO 9 $238,500 $547,000 -56.40%
PALM DESERT 126 $354,000 $402,250 -12.00%
PALM SPRINGS 102 $300,000 $371,250 -19.19%
PERRIS 134 $215,000 $370,000 -41.89%
RANCHO MIRAGE 67 $520,000 $569,000 -8.61%
RIVERSIDE 383 $272,000 $413,750 -34.26%
SAN JACINTO 99 $205,000 $334,000 -38.62%
SUN CITY 88 $252,500 $328,250 -23.08%
TEMECULA 239 $319,000 $450,000 -29.11%
THOUSAND PALMS 7 $222,500 $290,000 -23.28%
WHITE WATER 3 $127,500 $270,000 -52.78%
WILDOMAR 45 $294,000 $440,000 -33.18%
WINCHESTER 84 $305,000 $423,250 -27.94%



San Bernardino County 2,043 $239,500 $365,000 -34.38%
ADELANTO 75 $165,000 $300,000 -45.00%
ANGELUS OAKS 3 $200,000 n/a n/a
APPLE VALLEY 109 $190,000 $295,000 -35.59%
BARSTOW 25 $121,500 $185,000 -34.32%
BIG BEAR CITY 31 $204,000 $300,000 -32.00%
BIG BEAR LAKE 26 $292,500 $410,000 -28.66%
BLOOMINGTON 13 $200,000 $360,000 -44.44%
CEDARPINES PARK 5 $76,000 $175,000 -56.57%
CHINO 78 $360,409 $500,000 -27.92%
CHINO HILLS 64 $446,500 $630,000 -29.13%
COLTON 34 $200,500 $345,000 -41.88%
CREST PARK 3 $196,000 $375,500 -47.80%
CRESTLINE 24 $180,000 $234,500 -23.24%
FAWNSKIN 2 $417,500 $664,500 -37.17%
FONTANA 252 $289,000 $435,000 -33.56%
GRAND TERRACE 11 $305,000 $367,500 -17.01%
GREEN VALLEY LAKE 3 $165,000 $345,750 -52.28%
HELENDALE 10 $175,000 $274,750 -36.31%
HESPERIA 129 $200,000 $328,750 -39.16%
HIGHLAND 38 $240,000 $360,000 -33.33%
JOSHUA TREE 6 $170,000 $163,750 3.82%
LAKE ARROWHEAD 41 $349,000 $515,000 -32.23%
LANDERS 8 $56,750 $102,500 -44.63%
LOMA LINDA 12 $266,000 $414,000 -35.75%
MENTONE 4 $267,500 $321,500 -16.80%
MONTCLAIR 21 $300,000 $409,000 -26.65%
MORONGO VALLEY 3 $113,000 $189,000 -40.21%
NEEDLES 3 $183,000 $86,000 112.79%
ONTARIO 96 $290,000 $411,000 -29.44%
PHELAN 10 $216,500 $338,750 -36.09%
PINON HILLS 5 $273,000 n/a n/a
RANCHO CUCAMONGA 163 $385,000 $523,500 -26.46%
REDLANDS 45 $297,500 $429,000 -30.65%
RIALTO 76 $225,000 $354,500 -36.53%
RUNNING SPRINGS 13 $224,500 $255,000 -11.96%
SAN BERNARDINO 170 $168,500 $287,000 -41.29%
SUGARLOAF 11 $100,000 $196,000 -48.98%
TWENTYNINE PALMS 22 $137,000 $135,000 1.48%
TWIN PEAKS 6 $192,500 $265,000 -27.36%
UPLAND 55 $375,000 $555,000 -32.43%
VICTORVILLE 245 $180,000 $317,000 -43.22%
WRIGHTWOOD 4 $245,000 $332,500 -26.32%
YUCAIPA 51 $292,500 $350,500 -16.55%
YUCCA VALLEY 32 $147,500 $201,000 -26.62%

5 comments:

buyeresquire said...

Price has fallen off quite a bit in Rancho Cucamonga. And volume is up, too. However, I am always confused by sales volume stats because you cannot distinguish between foreclosures and arms length transactions.

Norco has cooled off, but Norco Hills prices have come down a lot in the past year.

My lease it up at the end of August and I am not seeing a lot of incentive from the developers whose communities I've vistited. I am always greeted with the (starting to border on comedic) "it's a great time to buy", but a 25-30% reduction off of peak prices still leaves the price at $550k. With jumbo rates and special assessments, monthly payments are pretty expensive at that price fo a first time buyer.

Will probably renew the lease for another year and start looking in Rancho, Norco Hills and the nice areas of Corona (Retreat and northern hills near Cleveland National Forest) next spring.

Rancho will probably have the edge because of the schools (have a 6 year old and 4 year old), but if anyone has info on the schools in the other areas I am interested in, I would love to hear it.

Joseph said...

Ummm...the column names are mixed up. Scared me for a sec there.

ButterMonkey said...

Joseph, just reverse 2007 & 2008. Pretty simple.

golfer_X said...

oops, my bad. Column headings all fixed now.

Curious said...

funny thing on the column names, this morning I read it and was thinking that prices went up for a sec?

glad to see that wasnt the case

as for schools in the corona area, having done some quick research of all the schools in the corona norco unified, it doesnt look all that great. I think there was one intermediate school that score in the mid 800's with the API, other than that, they were all pretty subpar. I'd say put your kids in the area with the better schools so that they are not ridiculed for wanting to study and do well in school