No matter what the market, people will continue to desire to live in Beaumont, as it remains one of the most active cities within Riverside County. Comparatively speaking, the Beaumont housing market continues to post brisk sales.
In of July 2008, 84 single family homes and a total of 0 condos/townhomes sold, 10 more than last month. My overall view of the market is still slipping in cost per square foot while the sales numbers are stabilizing a little.
For a full county market report Click Here.
Closed Sales For July 2008, Up 2 from last month
57 Single Family Homes
0 Condos/Townhomes
Pending Sales For July 2008, Up 6 from last month
144 Single Family Homes
2 Condos/Townhomes
Current Actives As of Today's Post, The same as last month
348 Single Family Homes
6 Condos/Townhomes
Foreclosure Activity for July 2008 - 92223
100 Notice of Defaults (NOD) Down 16 from last month
85 Notice of Foreclosure Sale (NOS) Up 5 from last month
Price Per Square Foot
Looking at the price per square foot helps us understand the value placed on homes in a real estate market. Median Price per Sqft. as of September 14, 2008 for Beaumont is $129, down $7 from last month.
| Beaumont - 92223 |
| |
|
Single Family Residences |
SFR Only |
| Riverside County |
# SFR |
Price (1,000) |
% chg from Previous Year |
$/Sq Ft |
Media Price Prior to Present Month % change SFR |
Prior to Present Month Change $ Per Sq Ft |
Prior to Present Month Median $ Change ($1,000) |
| Beaumont |
Feb 08 |
27 |
$290 |
-22.10% |
$141 |
|
|
|
| Beaumont |
Mar 08 |
37 |
$246 |
-27.60% |
$126 |
-10.64% |
($15) |
($44) |
| Beaumont |
Apr 08 |
47 |
$248 |
-28.70% |
$132 |
4.76% |
$6 |
$2 |
| Beaumont |
May 08 |
43 |
$253 |
-26.00% |
$122 |
-7.58% |
($10) |
($10) |
| Beaumont |
Jun 08 |
45 |
$247 |
-19.40% |
$119 |
-2.46% |
($3) |
($6) |
| Beaumont |
Jul 08 |
70 |
$240 |
-26.20% |
$116 |
-2.52% |
($3) |
$1 |
| |
|
|
|
|
-18% |
|
|
|
| |
|
|
|
|
$25 |
|
|
|
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 Beaumont 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.
;)
;)
