Weekly Median Asking Price June 16, 2008 |
Posted at Inland Empire Real Estate Marginalia by Robert Little
Jun. 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 |
