No matter what the market, people will continue to desire to live in Alta Loma, as it remains one of the most attractive cities within San Bernardino County. Comparatively speaking, the Alta Loma housing market continues to post brisk sales.
In of August 2008, 7 single family homes and a total of 1 condos/townhomes sold, up 1 from last month. My overall view of the market is still going to slip this winter, Click Here to view a comprehensive article about the conditions of the Inland Empire market.
Closed Sales For August 2008: Up 5 from last month
17 Single Family Homes
2 Condos/Townhomes
Pending Sales For August 2008: Up 3 from last month
24 Single Family Homes
2 Condos/Townhomes
Current Actives As of Today's Post: Down 2 from last month
91 Single Family Homes
14 Condos/Townhomes
Foreclosure Activity for August 2008
91701 - 17 Notice of Defaults (NOD) Down 44 from last month
91701 - 19 Notice of Foreclosure Sale (NOS) Down 16 from last month
91737 - 12 Notice of Defaults (NOD) Down 20 from last month
91737 - 12 Notice of Foreclosure Sale (NOS) Down 10 from last month
With the lower NOD and NOS numbers this month don't go and get yourself all excited that foreclosures are subsiding. I believe that the drop in numbers is associated with the effects of SB 1137 which took effect this last month, for the full article on SB 1137 click here.
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Alta Loma - 91701
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Single Family Residences
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SFR Only
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San Bernardino County
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# SFR
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Price (1,000)
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% chg from Previous Year
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$/Sq Ft
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Media Price Prior to Present Month % change SFR
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Prior to Present Month Change $ Per Sq Ft
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Prior to Present Month Median $ Change ($1,000)
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Alta Loma
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Feb 08
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17
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$400
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-23.1%
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$223
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Alta Loma
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Mar 08
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16
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$426
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-9.9%
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$216
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-3.1%
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($7)
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$26
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Alta Loma
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Apr 08
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25
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$370
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-28.2%
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$210
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-2.8%
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($6)
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($56)
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Alta Loma
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May 08
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26
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$375
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-30.7%
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$229
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9.0%
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$19
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$5
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Alta Loma
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Jun 08
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29
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$403
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-23.6%
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$200
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-12.7%
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($29)
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$28
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Alta Loma
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Jul 08
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33
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$390
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-16.6%
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$202
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1.0%
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$2
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($13)
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Alta Loma
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Aug 08
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35
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$385
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-20.2%
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$195
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-3.5%
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($7)
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($5)
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Feb-Aug % Change
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-13%
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Feb-Aug $ Change
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$28
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Alta loma - 91737
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Single Family Residences
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SFR Only
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San Bernardino County
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# SFR
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Price (1,000)
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% chg from Previous Year
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$/Sq Ft
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Media Price Prior to Present Month % change SFR
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Prior to Present Month Change $ Per Sq Ft
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Prior to Present Month Median $ Change ($1,000)
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Alta Loma
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Feb 08
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6
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$550
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0.5%
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$226
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Alta Loma
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Mar 08
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15
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$547
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-19.3%
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$202
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-10.6%
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($24)
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($3)
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Alta Loma
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Apr 08
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14
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$388
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-39.0%
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$208
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3.0%
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$6
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($159)
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Alta Loma
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May 08
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16
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$490
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-26.0%
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$225
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8.2%
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$17
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$102
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Alta Loma
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Jun 08
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29
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$455
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-17.1%
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$214
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-4.9%
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($11)
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($35)
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Alta Loma
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Jul 08
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21
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$537
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-4.1%
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$224
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4.7%
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$10
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$82
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Alta Loma
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Aug 08
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30
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$416
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-38.2%
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$224
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0.0%
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$0
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($121)
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Feb-Aug % Change
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-1%
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Feb-Aug $ Change
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$2
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It's important to stay in tune with the changes in the market. Call Empire Realty for your next personal real estate consultation at (909) 579-6611, or visit us on the web at Empire Realty.
For information on purchasing your next home in Alta Loma or anywhere in the Inland Empire call Empire Realty at 909-579-6611 or visit us on the web at Empire Realty.
Empire Realty is your one stop shop for information and Full Service at a Discount.
