Mira Loma Market Report for July 2008

By
Real Estate Broker/Owner with Empire Realty

No matter what the market, people will continue to desire to live in Mira Loma, as it remains one of the most attractive cities within San Bernardino County. Comparatively speaking, the Mira Loma housing market continues with stable sales with the foreclosure trend for this area being quite brisk. 

In June 2008, 16 single family homes and 0 condos/townhomes sold, down 21 from  last month. My overall view of the market is that things are starting to sell, click here  to view an article written about the condition of the market in the Inland Empire.

Closed Sales For July 2008: Up 5 from last month

25 Single Family Homes

0 Condos/Townhomes

Pending Sales For July 2008: Up 11 from last month

67 Single Family Homes

3 Condos/Townhomes

Current Actives As of Today's Post: Down 22 from last month

134 Single Family Homes

4 Condos/Townhomes

Foreclosure Activity for July 2008 - 91752

54 Notice of Defaults (NOD) Down 7 from last month

64 Notice of Foreclosure Sale (NOS) Up 17 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 7, 2008 for Mira Loma is 174, down $16 from last month.

Mira Loma - 91752

   

Single Family Residences

SFR Only

     

San Bernardino 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)

     

Mira Loma

Feb 08

3

$298

-50.50%

$143

           

Mira Loma

Mar 08

18

$405

-22.10%

$140

-2.10%

($3)

$107

     

Mira Loma

Apr 08

24

$420

-31.70%

$157

12.14%

$17

$15

     

Mira Loma

May 08

25

$390

-28.60%

$142

-9.55%

($15)

($30)

     

Mira Loma

Jun 08

25

$365

-25.40%

$136

-4.23%

($6)

($25)

     

Mira Loma

Jul 08

26

$360

-27.90%

$131

-3.68%

($5)

($5)

     
         

-8%

           
         

$12

           

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 Mira 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.

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