Posts Tagged ‘home prices’
Moreno Valley Home Prices and Trends May-June 2010
Bayer Facts: June 22, 2010
Provided by Beverly A. Bayer, SRA (appraiser) 951 247-3674
The National unemployment rate for Feb 2009 hit 8.1% – that is a significant increase from the Feb 2008′s 6.2. California hit 10.1% in January 2009 – again a big increase over the Jan 2008′s 6.1%.
Riverside – San Bernardino – Ontario (California) had an unemployment rate of 10.1% in December 2008 another big increase over the 6.5% from December 2007. Read the rest of this entry »
Moreno Valley Home Prices 2000-2007
Chart of the median home prices for the 4 Moreno Valley zip codes from September 2000 to September 2007 from dqnews.com.
2001 258
2002 298
2003 409
2004 390
2005 458
2006 280
2007 67

Note the increases in Median home prices especially between 2003 and 2005; a slowing between 2005 and 2006 and a significant drop between 2006 and 2007. For 20 years of data – the number of sales is way down. The 12 years between 1988 and 1999 on average in September 207.5 homes sell in Moreno Valley; the year with the lowest number of sales outside of 2007 – was 1992 with 131 sales.
