Da weekly tumble

There's not much different this week than most weeks. The numbers are still falling. The core median asking price is down $15k in the last month and the county median is about the same. The high end did a little better but still dropped about 10K. The low end also lost about $10k last month. Inventory remains fairly stable after the drop in early sept that was due to the new foreclosure rules. I expect the inventory numbers will start to climb by next month as the banks catch up. The rapidly deteriorating economy will surely start having an effect on sales as well.


The Core area data is as follows;

Including Arlington, Bloomington, Box Springs, Canyon Crest, Casa Blanca, Colton, Corona, Crestmore, Fontana, Grand Terrace, Jurupa, La Sierra, Mira Loma, Moreno Valley, Norco, Perris, Rubidoux, Woodcrest

Trend	10/07/2008	1 month	3 month	6 month	12 month
Median Price	$230,000	-6.1%	-13.5%	-27.0%	-43.1%
Inventory	12,537	-13.9%	-7.2%	-10.5%	-15.8%

Historical Data

Date	Inventory	25th Percentile	50th Percentile (Median)	75th Percentile
10/07/2008	12,537	$169,900	$230,000	$329,000
10/01/2008	12,699	$171,362	$234,900	$329,999
09/28/2008	12,347	$174,900	$235,900	$332,900
09/21/2008	12,368	$175,000	$239,900	$337,655
09/14/2008	15,443	$177,900	$240,000	$339,000
09/07/2008	14,569	$179,900	$244,900	$340,000

And here's the county data for the Riv/San Berdu metropolitan areas.

Trend	10/06/2008	1 month	3 month	6 month	12 month
Median Price	$229,900	-4.2%	-13.2%	-24.6%	-39.3%
Inventory	43,444	-6.4%	-6.6%	-11.7%	-18.0%

Date	Inventory (SFH + Condo)	25th Percentile	50th Percentile (Median)	75th Percentile
10/06/2008	43,444	$161,900	$229,900	$345,000
09/29/2008	42,791	$165,000	$234,900	$349,000
09/22/2008	42,629	$169,000	$235,000	$349,900
09/15/2008	48,540	$169,900	$239,000	$349,900
09/08/2008	46,403	$170,000	$239,900	$350,000
09/01/2008	44,714	$174,900	$244,900	$354,000