Victoria Grove - Riverside CA - Real Estate Activity March 2013

Victoria Grove - Riverside CA - Home Sales Activity - March 2013

If you are interested in current real estate activity in Victoria Grove Riverside CA, read on.  This information is as of March 16, 2013.  If you are thinking of selling your Victoria Grove house, it is a terrific time to sell because there is such a low inventory of houses for sale in the Inland Empire, particularly in Riverside and Corona. On the flip side, it can be a challenge to find a house if you are looking in the area as there are fewer houses for sale at this time.

Active Listings

There are only four houses currently for sale (active listings) in Victoria Grove in Riverside California.  That is compared to 10 active listings at this time last August.  Of the houses currently for sale: one short sales, two standard sales and one foreclosure (REO).  The least expensive house currently for sale is a short sale listed at $340,000 which is 2930 sq ft.  The highest priced Victoria Grove house is a standard sale that is listed at $485,000 which is 3878 sq ft.  Let me know if you are interested in receiving active listings in Victoria Grove.  Click here to see the list (and details of these five listings.)

Houses in Escrow and Accepting Back-up Offers
 
There are currently 12 houses listed as "pending" or "back-up" status which means that the sellers have already accepted offers.  This is a lot fewer than last August when there were 25 pending or back-up listings.  This really shows the low inventory of houses for sale currently.  There is one short sale, two REO's (bank owned/foreclosure) and four standard sales.  The lowest priced house in these categories currently is a 2642 sq ft short sale listed for $315,000 and the highest priced house is a standard sale listed for $410,000.  It is 3248 sq ft.

Closed Homes

There were a total of 14 houses in Victoria Grove that closed (sold) in the last 90 days.  There were six short sales, two foreclosures and six standard sales.  The lowest price sold house is a 2395 sq ft house that sold for $270,000.  The most expensive house (4301 sq ft) sold for $481,000.  Click here to see the details of the sold houses.

Important note:  Prices have gone up in Victoria Grove by  17% in just one year.  The average sold price of the most recent sales (last 90 days) was $354,364.  A year ago, the average solf price of Victoria Grove houses was $303,129. 

Victoria Grove in Riverside CA is a wonderful neighborhood.  Contact me if you are thinking of selling or buying a home in Victoria Grove or if you would like to learn more about this terrific community.