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December 19, 2007

Riverside, CA Market Update for November 2007

Here are the latest real estate market statistics for Riverside, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 46.0%*

Average October 2007 November 2007 % Change
Asking Price $418,250 $409,896 -2.0%
Sales Price $404,699 $390,782 -3.4%
% of Asking Price 97% 95% -2.0%
$/SQFT $216 $205 -5.1%
Days on Market 86 81 -5.8%
Total Transactions 119 75 -37.0%

Search for homes in Riverside, CA and read a neighborhood overview of the Riverside, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 12/17/2007: 3,858 properties on the market with 1,774 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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