May 2005 Median Home Price Hits 500k…
It was only last month that the California median price home hit $500,000. Now the 500k is becoming normal with 6 Inland Empire cities hitting that half million dollar price. In May 2005 the California Median Price Home has hit $522,590, inspite of sales falling 2.5%. San Bernardino and Riverside Counties have reached $364,700, up 24.9% from a year ago. However, Sales were down 8.4 percent from May 2004. And finally, believe it or not, The High Desert leads the state with an increase of 31.7% to $282,510 a rise of 34.4% from a year ago.
table{width:100%}.
{background:tan}. |_. CITY|_. PRICE |_. CHANGE |
|Chino |=. $421,500|=. up 16.8|
|Chino Hills |=. $530,000 |=. up 18.7 |
|Claremont |=. $525,000|=. up 06.1|
|Corona |=. $485,000|=. up 13.6|
|Diamond Bar |=. $489,000 |=. up 13.2 |
|Fontana |=. $360,000|=. up 28.6|
|La Verne |=. $519,500 |=. up 11.5 |
|Mira Loma |=. $467,500 |=. up 29.9 |
|Montclair |=. $360,000|=. up 23.1|
|Norco |=. $592,500 |=. up 34.0 |
|Ontario |=. $350,000|=. up 24.8|
|Pomona |=. $350,500|=. up 25.2|
|Rancho |=. $448,000 |=. up 21.1|
|Redlands |=. $340,500|=. up 29.3|
|Rialto |=. $320,000 |=. up 28.0 |
|San Bernardino |=. $238,500|=. up 42.2|
|San Dimas |=. $500,000 |=. up 12.3 |
|Upland |=. $504,000|=. up 17.3|