The weekly tumble

This weeks median listing price from housingtracker.net shows the prices are still heading towards the cellar. The median for the core areas dropped $5k this week. The high and and the low end dropped a bit less. The telling number is the inventory, it's up 10% in the last month.

These are the numbers for the core areas of Riverside 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	09/14/2008	1 month	3 month	6 month	12 month
Median Price	$240,000	-4.0%	-12.7%	-27.3%	-42.6%
Inventory	15,443	+9.9%	+4.2%	+7.0%	+0.7%

Date	Inventory	25th Percentile	50th Percentile (Median)	75th Percentile
09/14/2008	15,443	$177,900	$240,000	$339,000
09/07/2008	14,569	$179,900	$244,900	$340,000
09/01/2008	13,852	$180,000	$248,000	$345,000
08/29/2008	13,590	$180,000	$249,000	$349,000
08/21/2008	13,661	$184,900	$249,900	$349,900
08/14/2008	14,047	$185,000	$250,000	$349,900