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

Trend10/07/20081 month3 month6 month12 month
Median Price$230,000-6.1%-13.5%-27.0%-43.1%
Inventory12,537-13.9%-7.2%-10.5%-15.8%

Historical Data

DateInventory25th Percentile50th Percentile
(Median)		75th Percentile
10/07/200812,537$169,900$230,000$329,000
10/01/200812,699$171,362$234,900$329,999
09/28/200812,347$174,900$235,900$332,900
09/21/200812,368$175,000$239,900$337,655
09/14/200815,443$177,900$240,000$339,000
09/07/200814,569$179,900$244,900$340,000

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

Trend10/06/20081 month3 month6 month12 month
Median Price$229,900-4.2%-13.2%-24.6%-39.3%
Inventory43,444-6.4%-6.6%-11.7%-18.0%


DateInventory
(SFH + Condo)		25th Percentile50th Percentile
(Median)		75th Percentile
10/06/200843,444$161,900$229,900$345,000
09/29/200842,791$165,000$234,900$349,000
09/22/200842,629$169,000$235,000$349,900
09/15/200848,540$169,900$239,000$349,900
09/08/200846,403$170,000$239,900$350,000
09/01/200844,714$174,900$244,900$354,000