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RSS FeedWeekly Median Asking Price: July 21 2007 |
Posted at Inland Empire Real Estate Marginalia by Robert Little
Jul. 22, 2008
Categorized in: Inland Empire
Tagged with: inland empire, statistics
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 |
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